Confirming party in sale deed
This query is : Resolved
23 January 2019
Sir I have booked a residential property in joint name with my mother before marriage and made an agreement for sell with the builder for the same and paid the money of my part by cheque. At the time of executing sale deed, the sale deed was executed in the names of my mother and wife and I stood as the confirming party in the sale deed since my name was there in the registered agreement to sell. Can I just pass show the same as gift to my wife by making a notarized gift deed?
Prakash Kochar
(Expert)
26 January 2019
You can make the gift or you can give loan to wife, considering clubbing prov. u/s. 64,
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