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If I as the first owner of the property have GPA from the 2nd owner, can I do a gift deed to myself if co-owner is not able to travel to Bangalore (where the property is located) for the purpose of doing a gift deed?
If I as the first owner of the property have GPA from the 2nd owner, can I do a gift deed to myself if co-owner is not able to travel to Bangalore (where the property is located) for the purpose of doing a gift deed?
PGN Property, Real Estate & Documentation Consultant with 21+ years of experience
Answered on April 22,2022
Answered on April 22,2022
Yes,
Co-owner can do gift deed to self, using GPA from another co-owner.
In GPA, a clause should mention that GPA is applicable for gift deed registration. To be more specific, donor and donee details can mention in GPA.
If GPA is from broad, make sure that GPA is adjudicated from District registrar office
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