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Lock in period for gift property

718 views 4 replies
Their is a immovable property which is gifted by a brother to her married elder sister .
Now sister wants to sale that property.

is sister can do that .
if yes ..so is there any lock in period for sale of that gifted immovable property.
or
after what period from the gift deed the property can be sale .
Replies (4)
No there's no lock in period
Yes sister can sale the property as it's her now

As per my knowledge no lock in period for gift deed

The sister should be able to sell that property. There is generally no lock-in period for that.However, it is advisable to get the gift deed registered so that the precedents of the sale are legally clear.


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