Site

Law Courses

LCI Learning

Master the Art of Contract Drafting & Corporate Legal Work with Adv Navodit Mehra. Register Now!

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

Gift deed or release deed

Querist : Anonymous (Querist) 09 November 2011 This query is : Resolved
i wish to transfer property ownership to my brother.
shall i go for gift deed or release deed?
can he sell property in future if he needs?

Follow Query

Report Abuse

M.Sheik Mohammed Ali (Expert) 09 November 2011
how did you get the property ? you may give your property as your wish,

Sailesh Kumar Shah (Expert) 09 November 2011
In case,when you are joint owner, it would be better release deed.

If you are absolute owner, then gift deed.

your brother could sell property in future, whenever he required.

Raj Kumar Makkad (Expert) 09 November 2011
I endorse the advice of Shah.

Advocate Bhartesh goyal (Expert) 09 November 2011
Mr Shah is right.

Devajyoti Barman (Expert) 09 November 2011
The stamp duty for gift is much lower.
So better to go for that.

Rajeev Kumar (Expert) 09 November 2011
Mr. Shah is right and i endorse his advice.

Piyush Vaishnava (Expert) 11 November 2011
yes, i do agreed experts query reply

You need to be the querist or approved LAWyersclub expert to take part in this query .

Click here to login now

Similar Resolved Queries :

Ask Query
Unanswered Queries

Laws

Follow us

Browse by Category

Stay updated with latest Posts!