Hello Sir/Madam,
Let me give you the details in points for my question,
1] One of my friend did a gift deed of her property to her mother, where as the property is still on bank loan
2] Her mother passed away recently and her father is alive
3] She has one brother and one sister
4] My friend is married
5] Hindu Family
My questions are,
*] Since the gift deed taken person(Mother) passed away, now the property shared among her family or will automatically come back to my friend name?
*] Does the gift deed valid when the property is on loan?
*] If the gift deed made is illegal/not correct, how to revert it?
Expecting your valuable replies
Thanks in Advance
Regards,
Hariharan
