Which is better gift deed or sale deed?

The only difference lies in terms of consideration. In sale deed, the property is transferred in exchange for consideration of some value but in the Gift Deed, the transferor takes nothing. Is there an exchange of money involved in the Gift Deed? There is no exchange of money involved in the Gift Deed.

Is gift deed valid without registration?

ing to the transfer of property Act 1882, a gift Deed is valid only if registered. The registration of a Gift Deed includes the donor's signature and the donee and attestation by two witnesses (mandatory). In fact, the Gift Deed will be enforceable only if it is registered with the registrar's office.

What is the format of gift deed?

This deed of Gift is executed on day of month year by Sri./Smt. , S/o./ W/o. , occupation , and aged year residence at .

What are the disadvantages of gift deed?

Irrevocable: Once a gift deed has been executed, it is irrevocable, which means that the donor cannot change their mind and take back the gift. This can be a disadvantage if the donor later decides that they want to keep the property or assets for themselves.

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