Conditional gift deed

Querist : Anonymous (Querist) 08 February 2017 This query is : Resolved
My father has some ancestral property land in Kerala. I am the only son. Now me and my wife are planning to build a house in that land. But we want it to be registered on both of our names. And my father is ready for that with a condition that both my parents should have the right to stay in that house. We are ready for that as well. I want to know if a conditional gift deed is possible on ancestral property

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Adv. Yogen Kakade (Expert) 10 February 2017
There is no concept of Conditional Gift deed. And if the property is an ancestral property and other members are existed then the property cannot be gifted.

Adv. Yogen Kakade (Expert) 10 February 2017
To get the answers from the other experts, then mention your name, as the anonymous queries are not answered.

Rajendra K Goyal (Expert) 11 February 2017
No reply to query from an author who is anonymous.

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