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Querist : Anonymous (Querist) 05 September 2010 This query is : Resolved
Can a registered perpetual lease property be tranferred to another family member by the process of a registered gift deed

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s.subramanian (Expert) 05 September 2010
You can gift only the leasehold right and not anything in excess.

Devajyoti Barman (Expert) 05 September 2010
Yes ;surely.

R.Ranganathan (Expert) 05 September 2010
Yes. Only the leasehold right can be gifted.

Surrender K Singal (Expert) 08 September 2010
Gift could be of something that the donor has !

Querist : Anonymous (Querist) 08 September 2010
thank you all for your prompt reply . can u please cite the which section and under which law does it mention that in a perpetual lease property one can gift only the leasehold right and not anything in excess.

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