Relating to gift deed
T.P.Prathima
(Querist) 20 March 2012
This query is : Resolved
Can the title of gift deed be 'GIFT SETTLEMENT DEED'.
What is the difference between GIFT DEED and GIFT SETTLEMENT DEED - The Points to be taken care while drafting.
Can the matter in the Deed also contain the word GIFT SETTELEMENT DEED instead of GIFT DEED.
V R SHROFF
(Expert) 20 March 2012
There can be either "GIFT " or SETTLEMENT"
NOT BOTH
Ghanshyam Prasad
(Expert) 20 March 2012
There is nothing like gift setlement deed in T.P.Act.There is only gift deed.
T.P.Prathima
(Querist) 20 March 2012
sir what are the consequences of using the words GIFT SETTLEMENT DEED instead of GIFT DEED
Raj Kumar Makkad
(Expert) 20 March 2012
A person is at full risk if he uses the words which are not recognized by law. We are only lawyers and have legal knowledge but if a person is adamant to use illegal means or actions, nothing can be opined by us within our reach.
R.K Nanda
(Expert) 20 March 2012
Write only Gift Deed.
SAINATH DEVALLA
(Expert) 20 March 2012
What kind of a gift deed is it?
there are so many kinds of gift deeds.Iam mentioning below:
Gift to a purpose with a condition for revocation
Gift of land for building a temple
Gift by father to his son of land by Mortgage
Deed of gift of book debts
Renunciation of gift by Donee
Deed of gift of Goodwill of business, trade marks by father to two sons in partnership
Deed Of Gift Of Moveable Property
Record Of A Gift Of Moveables
Deed Of Gift Of Immovable Property
Deed Of Conditional Gift
Revocable Deed Of Gift
Gift In Consideration Of Marriage
Gift To Son
Gift Of Money To Grand Son
Gift Of A House To The Daughter
Gift Of A House To The Daughter - 2
Gift Of Library To A Trust Without Reversion Clause
Gift Of Property For Specified Purpose
Gift Of Immovable Property
Gift Of A Piece Of Land
Gift Of A Shop
Gift of money to brother for meeting the marriage expenses Of the niece of the donor
Gift Of Books For Education Of Daughter
Gift Of Property For Hospital
Gift Of Moneys For The Marriage Of Grand-Daughter
Gift By Lady To Her Minor Grand Sons
Gift With A Condition For Revocation
Gift Of Charity
Gift Of Property To Wife
Revocation Of Gift By The Donee
Creating life estate for the maintenance of the Daughter - in- law by way of gift
Gift To Daughter-In-Law For Maintenance.
ESTHERPRIYA
(Expert) 21 March 2012
It can be done. BOth are similar only.
Anirudh
(Expert) 21 March 2012
Dear Mr. Sainath Devalla,
Suppose one only writes as "GIFT DEED", but does not mention the details as mentioned by you in the Heading, will it in any way affect?
Does the list provided by you in any way change the character of the "GIFT" per se?
If not, what is the great purpose of enumerating such list?
Of what real use your list to the querist?
