What is a gift deed?
A gift deed is an agreement that’s used, when an individual wish to gift his property or money to somebody else. It is often a moveable or immovable property that’s gifted voluntarily, from the donor to the donee. a present deed allows the landowner to gift the property to anyone and avoids any future dispute arising out of succession or inheritance claims. A registered gift deed is additionally evidence in itself and in contrast to within the case of a will, the transfer of property is instant and you’ll not be required to travel to the court of law for its execution and hence, it also saves time.