Posted on: 03rd Sep, 2009 07:06 am
Do I need a witness for Gift Deed or is a Notary enough
too open-ended a question to get a perfect answer, but...
typically a deed would require witnessing by two people plus acknowledgement in the presence of a notary. the notary can be one of those two witnesses, however; so only two people would be required in that situation.
typically a deed would require witnessing by two people plus acknowledgement in the presence of a notary. the notary can be one of those two witnesses, however; so only two people would be required in that situation.
Exactly legally for deed you required witness.
Does it have to be someone you know?
any adult is legally be witness.
no, it doesn't need to be anyone you know - a witness is simply someone who observes the transaction.
If I receive the property gift deed form with all signitures, then how much time do I have to register it?
Hi Guest!
Welcome to forums!
You should register the deed as soon as possible. This will help you avoid complications which might take place later on.
Sussane
Welcome to forums!
You should register the deed as soon as possible. This will help you avoid complications which might take place later on.
Sussane
the land is done through notary, is it valied. this land move through register pl. ans
Hi venketrao!
Welcome to forums!
Your question is not clear to me. Can you explain your question in details? It will be easier for me to answer the query.
Sussane
Welcome to forums!
Your question is not clear to me. Can you explain your question in details? It will be easier for me to answer the query.
Sussane
If a piece of property was sold to me by my brother for $1 in 1996 and I used it as a rental. I now want to gift deed the property to my parents, are there any tax consequences to me in doing so?
Welcome Guest,
I've given my suggestions in regards to your query at:
http://www.mortgagefit.com/propertytransfer/taximplication-parents.html
Take a look at it. Hope it'll help you.
I've given my suggestions in regards to your query at:
http://www.mortgagefit.com/propertytransfer/taximplication-parents.html
Take a look at it. Hope it'll help you.
My Grand Mother(Moths mother) having 5 daughtes only (no sons), my grand father expired and having one site which is given by the govt of AP.
Property written in will as follows.
My grand mother has given the property for me with gift deed on april 2008 and registered.
At that time she said that this is husbans property I have sole authority to give any body.
She came alone to registration office and registered me with two witnesses.
After some time some of daughters came and argued with grand mother and settled with some money. Out of 5, 4 of them came and taken the money .
At that time I have created property release form on 100 rs bond and taken the signature from 4 of them(except one member).
Now my grand mother called 5th person who is not signed and informing that you are not signed, so you have right to take your share,
NOW IT IS POSSIBLE TO SHARE THE PROPERTY?
Please let me know the daughters having rights to share property?
All daughter are married before 1980
Property written in will as follows.
My grand mother has given the property for me with gift deed on april 2008 and registered.
At that time she said that this is husbans property I have sole authority to give any body.
She came alone to registration office and registered me with two witnesses.
After some time some of daughters came and argued with grand mother and settled with some money. Out of 5, 4 of them came and taken the money .
At that time I have created property release form on 100 rs bond and taken the signature from 4 of them(except one member).
Now my grand mother called 5th person who is not signed and informing that you are not signed, so you have right to take your share,
NOW IT IS POSSIBLE TO SHARE THE PROPERTY?
Please let me know the daughters having rights to share property?
All daughter are married before 1980
Welcome Kishore,
If the will mentions you as the sole beneficiary of the property, then no one can claim it from you after your grandmother's death. However, prior to your grandmother's death, she can transfer the property to anyone she feels like as the will comes into affect only after your grandmother's death.
If the will mentions you as the sole beneficiary of the property, then no one can claim it from you after your grandmother's death. However, prior to your grandmother's death, she can transfer the property to anyone she feels like as the will comes into affect only after your grandmother's death.
In my deed mentioned that with effect deed date i am having sole beneficiary,then also
she can transfer the property to anyone ?
Registered Gift Deed also can tramsfer?
she can transfer the property to anyone ?
Registered Gift Deed also can tramsfer?
In Gift Deed mentioned that i am the sole beneficiary of the property from gift deed date, then also
she can transfer the property to anyone before her death?
The registered gift deed also she can transfer?
Please let me know how can i move further regarding this issue?
she can transfer the property to anyone before her death?
The registered gift deed also she can transfer?
Please let me know how can i move further regarding this issue?