22 February 2023
Two sisters and one brother got their share of assets after death of their father. Now one sister "A" thinking to gift one of her property to her sister "B" 's son "C". 1.Age of the donour sister is 55. 2.Her husband's age 60. 3.Her children (Son & Daughter) are all major and married. 4.Her sister's son major 35 years old , not married. 5.All are in good relationship and no dispute to this gift procedure. Now what is the formalities and procedure to follow please? 1.Just Gift deed from one person "A" to "C" is sufficient? 2.All the major mebers of "A" 's signature required? {Son & Doughter -in Law,Daughter & Son-in-Law}
22 February 2023
1. Yes. 2. Not required provided the gift deed is registered with Sub-registrar's office, with consent letter/s of donor's son & daughter.
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