Gift Deed vs Sale Deed: When & How to Use Legally

added blog Legal

2025-07-03 12:21:52 - Translate -

Both are legal ways to transfer property—but the intent, process, and tax impact are very different.What Is a Gift Deed? A voluntary transfer of property without any payment Commonly used between family members (parents, children, siblings, spouse) Must be registered to be legally valid Once registered, it’s irrevocable Stamp duty is lower in most states for...

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