Gift deed: required Or not?


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When a flat is purchased directly in a daughter's name, a separate gift deed is generally not required. The act of purchasing the property in her name effectively transfers ownership. Therefore, executing a gift deed at a later date is also unnecessary in this scenario.

16 December 2020 A person buys a flat in the name of her daughter. Is it necessary to execute a gift deed?
And, if yes, can a gift deed be executed at a date later than date of buying the property

17 December 2020 No gift deed required in such a case as purchase of flat is in the name of the daughter.

17 December 2020 Thank you for the resolution Sir

17 December 2020 You are welcome............


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