What is the time limit for gift deed cancellation?
Kya gift deed jamin registration cancel ho skta hai registration krawe huye 5years ho gya hai
1 Answer
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Advocate By LEAD INDIA
Answered: 22 Mar 2024
Sir, a gift that has been made and legally registered cannot be taken back. It becomes the donee's property upon acceptance. The deed cannot be withdrawn on its own by the donor. Furthermore, a gift deed is invalid if the parties have stipulated that the deed may be revoked in whole or in part at the donor's sole discretion.
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