Gift deed not cancelled but next they will give sale deed which
i will purchesd property 3200 sqpt at pondicherry and 2008, through bank at the time chekig in register office ec all so clear, but now the same property same one asking gift deed all ready register 2002, but the gift deed condition is there the title owner life time any transfer to him at life time the woner sales to me so now dispute the property what will do kindly give same sugestion
Asked in Property Law from Pondicherry, Puducherry
your query is not clear . from facts stated by you it appears that you have purchased property in 2008 . property has been transferred in your name and you had obtained bank loan for purchase of property . it appears gift deed has been executed in respect of property in 2002 . rest of query is not clear .
if my guess work is correct it appears donee has only life interest in property but no right to sell the same . if my reading is correct then sale of property to you would not stand legal scrutiny .