Gift Deed Drafting & Registration
Legally transfer ownership of your property or assets to a family member **voluntarily and without monetary exchange**, ensuring the transfer is valid and secure.
Lawizer ensures your Gift Deed is legally compliant and registered to secure the ownership transfer.
Importance of a Registered Gift Deed
A Gift Deed is the official instrument used for gifting property. Registration is mandatory for immovable assets to ensure the transfer is legally enforceable, updating land records, and preventing future disputes among heirs.
Key Benefits of Using a Gift Deed
Legal ownership transfer without monetary exchange
Protects donor and donee rights
Essential for property registration and mutation
Formalizes voluntary transfer of assets
Secures the transaction for family members (e.g., gifting a flat)
Ensures the deed is legally valid and registered
Pre-Requisites Required for Drafting
To prepare your legally sound Gift Deed, please gather the following information:
Donor and donee details (name, address, ID)
Property/asset details (address, type, area)
Consent and signature of donor
Supporting Documents (Original title deed, tax receipts, and ID proofs)
Lawizer Deliverables
Drafted and registered Gift Deed
Clause-wise explanation
Digital copy
Step-by-step guidance for registration
Legally valid deed that protects both donor and donee rights
Frequently Asked Questions
A Gift Deed transfers ownership of property or assets voluntarily from the donor (giver) to the donee (receiver) without any monetary consideration (money changing hands).
Yes, for immovable property (like a house or land), the Gift Deed must be registered with the Sub-Registrar's office to be legally valid and effective. Registration is also essential for property mutation.
Stamp duty for a Gift Deed varies significantly from state to state and depends on the relationship between the donor and donee. Many states offer rebates or lower duties if the property is gifted to close family members.
Generally, a Gift Deed, once validly executed and registered, cannot be revoked unless there is a specific clause in the deed allowing for revocation under certain conditions, or if the gift was made under fraud, undue influence, or coercion. Mutual consent is often required.
Lawizer ensures the deed is legally valid, properly registered, and protects both donor and donee rights, handling all legal nuances (e.g., for gifting a flat in Rajarhat, Kolkata).