Gîft deed format
This query is : Resolved
02 February 2013
To Respected Experts of Caclubindia,
1) Sir, if a person wanna to gift a property to another, then how the deed will be drafted.
2) The abovesaid property is mortagaged with bank, the emis of bank would continue for fewer more years. If the deed is executed at present, will the deed be valid since the bank has right over the property.
3) If the deed will be invalid if executed at present, then is it possible to draft a deed in which the ownership will be transferred to another person as soon as emis of bank are over.
Kindly provide the format of such deed.
If possible kindly communicate at
jha.amarjeetkumar@gmail.com
Thanking you
1) Sir, if a person wanna to gift a property to another, then how the deed will be drafted.
2) The abovesaid property is mortagaged with bank, the emis of bank would continue for fewer more years. If the deed is executed at present, will the deed be valid since the bank has right over the property.
3) If the deed will be invalid if executed at present, then is it possible to draft a deed in which the ownership will be transferred to another person as soon as emis of bank are over.
Kindly provide the format of such deed.
If possible kindly communicate at
jha.amarjeetkumar@gmail.com
Thanking you
23 July 2013
What you want is the basic question. For mortgaged property you cannot make any gift or will till clearance is received from the bank
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- "Please ensure that the Total of the Deductions u/s 54F match the same in Table D in Sch CG"
- Need to correct "Whether it is last installment " response in Form 26 QB
- " Income from House Property " in joint names of co-owners
- REGARDING TDS RETURN OF FORM 27Q
- Notice under e-Verification Scheme
- GST demand notice for ITC reversal against exempted supply.
- RCM ON SECURITY CHARGES FROM INDIVIDUALS
- How to get money back from delisted company
- ITC not to be taken in accounts & GSTR-3B
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
