A Gift Deed is typically executed as a one-time transfer and does not have a duration. Once the Gift Deed is executed and registered, it cannot be revoked or cancelled unless there is some illegality involved.

Yes, the Gift Deed involving immovable property must be registered with the local sub-registrar where the property is located.

Yes, the Gift Deed must have at least two witnesses above the age of 18 years to register it. It is recommended to have two witnesses to support the document in case of any legal disputes in the future.

Yes, under certain circumstances the Gift Deed can be terminated including when the gift was not made voluntarily or using some force or coercion. Any other condition which makes a contract invalid also applies to a Gift Deed.

At present NRIs and OCIs are governed by provisions of Foreign Exchange Management Act (FEMA) 1999 and do not require prior approval of RBI for acquisition and transfer of immovable property in India, other than agricultural land, farm house, plantation property.

No. They can create a special power of attorney and appoint a person in India to carry out this task on their behalf.

the acceptance of the gift must be completed before the donor passes away or loses the capacity to make gifts. This was held in this Supreme Court judgment on the registered Gift Deed.

An NRI (Non-Resident Indians) or a PIO (Person of Indian Origin) is eligible to receive property as a gift. The donor has to be a resident of India/NRI/PIO. The property to be transferred as a gift must be either a commercial property or a residential property, but not agricultural land, plantation property or farmhouse in India.

If the donee is a minor then in such a case, a guardian can accept the Gift on his/her behalf. The guardian serves as the manager of the gifted property. Once the donee is an adult, he or she can either accept or return the Gift.

A person with a sound mind can be a donor and who is competent to enter into any agreement. Minors cannot be a donor.

A person with a sound mind can be a donor and who is competent to enter into any agreement. Minors cannot be a donor.

Yes, property gifted through a gift deed can be challenged in court under certain circumstances, such as disputes over the validity of the deed, allegations of fraud, or lack of proper documentation.

There are generally no restrictions on the amount or value of property that can be gifted through a gift deed. However, individuals should be mindful of any applicable tax implications and legal requirements based on the value of the property being gifted.

Yes, an NRI can gift property to any person or entity in India, subject to certain restrictions and regulations under Indian law.

Yes, an NRI can gift property to a person outside India, subject to certain restrictions and regulations under Indian law.

Yes, an NRI can gift a property jointly with another person, subject to compliance with relevant Indian laws and regulations.