Can a gifted property be sold in India?
My real brother gift 75 square metre property on 10 Jan 24. Can I sold this property ?
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Advocate By LEAD INDIA
Answered: 17 Feb 2024
Sir, the short answer is yes, a gift deed property can be sold, but only if it is registered in accordance with legal requirements and without any conditions attached. It is equivalent in value to a sale deed and should be registered in the receiver's name. For further legal assistance contact us on our helpline number.
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