• Re-entry into property

Can a property which is re entered by L&DPO can be gifted to any of family members without any monetary consideration
Asked 10 years ago in Property Law

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3 Answers

You can gift any legal right existing with respect to any property. What ever right the person giving gift has on the date of the gift deed shall be passed on to the benefited person under the gift. The Benefited person under the gift deed shall possess all such right over property which the actual person had and shall be able to take all necessary steps to defend, protect and secure all the right over the property.

Sai Kiran R
Advocate, Bangalore
86 Answers
6 Consultations

4.5 on 5.0

you must state detailed facts of your case . is the gift deed duly stamped and registered? is possession handed over ? what is meant by term LDP0?

Ajay Sethi
Advocate, Mumbai
94933 Answers
7575 Consultations

5.0 on 5.0

The facts are incomplete to answer your query. You must mention as to what does LDPO stand for, whether the gift deed is complete and the possession handed over.

Ashish Davessar
Advocate, Jaipur
30763 Answers
972 Consultations

5.0 on 5.0

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