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