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Srinivas P   19 July 2023

Agreement of sale cum gpa with possession

Sir,

 I purchased a plot by Agreement of sale cum GPA with possession. Can I do gift deed registration to my kid who is major. 



Learning

 3 Replies

T. Kalaiselvan, Advocate (Advocate)     20 July 2023

On the basis of the GPA in your favor, if the  principal is alive then you  can execute a registered gift deed in favor of your child, provided there is a mention about the transfer to a third party through gift deed too in the POA deed.

You may make sure that the principal is alive.

Mr. Sumitra kumar (Advocate)     20 July 2023

@Querist- First Pay then seek advice.

 

Thank you.

Advocate Bhartesh goyal (advocate)     20 July 2023

Since you have purchased plot through Sale Agreements cum GPA and still plot has not been registered in your name and you are not registered owner of  plot so can not execute gift deed of said plot in favour of your son.


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