gift deed

Querist : Anonymous (Querist) 25 January 2011 This query is : Resolved
Dear Sir/Madam,

My father was allotted a housing board house for which yearly instalments were being paid from the time it was allotted. My father died in 1983 before registration of the absolute sale deed. we are 5 children to our parents, 2 boys and 3 girls. i'am the last of them. my 2 sisters and one brother went abroad. later i had to clear the balance dues of the amount outstanding against the house and got the absolute sale deed registered in my mother's name with me as her power of attorney holder directly from the housing board. Later on my mother executed and registered a gift deed in june 2001 in my name. till date i have been enjoying the property without any issues and we siblings share a cordial relationship. it was only a ground floor then, in the year 2005 i have constructed 2 more floors on top. I just want to know if in future if need to sell the house these docs what i have are good enough like parent deed, gift deed, khatha, tax certificate, tax receipt, ec till date and everything stands in my name ot will the purchaser ask for any more docs.....kindly advice....rgds.

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Y V Vishweshwar Rao (Expert) 25 January 2011
1- Housing Board will Register the Sale deed to original allottee or his legal heirs / or /his wife - according to the Terms of the Allotment and Housing Board Rules !

2- The Rules of allotment and for Registration of the sale deeds to be verified with Housing Board

3- Mother got sale deed in her name and later gifted the property to you

3- It is better to obtain no objection affidavit from your brothers and sisters to avoid any disputes/claims by them at any later stage !

pritamsaini (Expert) 27 January 2011
YOUR MOTHER WAS ABSOLUARE OWNRE OF THE PROPERTY AND SHE IS COMPETENT TO EXECUTE THE GIFT DEED. FOR CONFERM THE GIFT DEED YOU CAN FILE COLLUSIVE SUIT AGAINST YOUR MOTHER IN WHICH SHE WILL ADMITT THE GIFT DEED.

Amit Minocha (Expert) 28 January 2011
agree with Expert Mr Rao

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