Can someone please answer this? My father gave a gift deed of his house in India in 2003 to a minor(my brothers daughter who was 2 years old at that time) since I ha insisted him to do this so the home is secure(wanted to protect my family from raising loans using the house document). Apparently my brothers wife now wants to divorce him and is claiming more settlement and the house is the only property left and it is wort 1 crore. Wondering if the gift deed that my father gave to this minor can be cancelled now? The minors guardian nor the minor herself signed the document. Also neither my mother , nor myself nor my brother is a witness in this gift deed registration document.
2 Answers from Attorneys
Dear Sir / Madam,
Before I answer this question, there are two points that I wish to draw your attention to :
a) A gift can only be revoked by the donor anytime during his lifetime.
b) A gift made to a minor cannot be sold by the parent(s) / guardian till the minor attains the age of majority.
Only your father has the sole right to revoke the Gift Deed.
yes you father can cancel the gift deed
for any query do reply me at firstname.lastname@example.org
Related Questions & Answers
My dad have a mig dda flat in delhi. Before he expired, he have made a will in the... Asked 6/29/13, 10:02 am in India Real Estate and Real Property
Dear All I was resident of jaipur but presently living in delhi. I have a plot in... Asked 6/28/13, 11:58 pm in India Real Estate and Real Property
Hi, I bought a plot from one of the builder but in this property builder is working... Asked 6/28/13, 10:04 pm in India Real Estate and Real Property
I am buying a house..the house was bought by the seller from the partner of the... Asked 6/28/13, 7:28 am in India Real Estate and Real Property
Respected sir , me & brother having partition suit pending in the court . i want... Asked 6/28/13, 5:11 am in India Real Estate and Real Property