#GiftAProperty

Planning To Gift A Property? Here’s Your Guide

Area 122 of the Transfer of Property Act characterizes 'gift' as the exchange of certain current moveable and immoveable property made deliberately, with no thought, by a benefactor to a donee. There, be that as it may, are sure fundamentals of a gift – the gift, for instance, should be unmistakable, and its possession ought to be moved by the giver and acknowledged by the donee. Which property can be...

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