Gift Deed of Self Aquic
Chetan
(Querist) 02 April 2009
This query is : Resolved
Facts :- The widow lady living her parents house after the death of her husband with her female chile (4yrs). She demanded a share (Orally)to her father-in-law but they refused.
Now the father-in-laws ready to execute the figt deed about the field property whhich is his self-acquired, and ready to pay Rs. 2 Lakh cash and also ready to pay the premium of policies of his grandchild.
Under such circumstances what documets to be executed in between the lady and her fathe-in-law pls. quote along with draft.
thanking u
Y V Vishweshwar Rao
(Expert) 02 April 2009
Repeated- it is posted in Forum - Civl Law- Gift Deed
I replied - under -forum- civl Law - Gift deed -on your query
Ashey
(Expert) 03 April 2009
I think settlement deed is a better option..
adv. rajeev ( rajoo )
(Expert) 03 April 2009
I agree with all the members and Even father-in law can execute a regd., rights relinquish deed in favor of of his daughter in law or in the name of grand child regarding the property, but regarding money he can exeucte the gift deed. He has got option of settlement deed as said by learned member Ashey.
Hiralal Das
(Expert) 03 April 2009
My Ld. Friends have been given their valuable opinion in the mean time. I think that the better option is personal contact with any of the members.
