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inkshock · Joined: 03 Sep 2009 Posts: 2 1.82 Dollars($)

Do I need a witness for Gift Deed or is a Notary enough

gmakerley · Posted: Thu Sep 03, 2009 7:12 am Post subject:

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.

catharin9 · Joined: 14 Jul 2009 Posts: 168 -0.14 Dollars($)

Exactly legally for deed you required witness.

inkshock · Joined: 03 Sep 2009 Posts: 2 1.82 Dollars($)

Does it have to be someone you know?

catharin9 · Joined: 14 Jul 2009 Posts: 168 -0.14 Dollars($)

any adult is legally be witness.

gmakerley · Posted: Thu Sep 03, 2009 8:50 am Post subject:

no, it doesn't need to be anyone you know - a witness is simply someone who observes the transaction.

Posted: Fri Sep 04, 2009 7:26 am Post subject:

If I receive the property gift deed form with all signitures, then how much time do I have to register it?

smithsussane · Posted: Sun Sep 06, 2009 9:46 pm Post subject:

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

Guest

the land is done through notary, is it valied. this land move through register pl. ans

smithsussane · Posted: Fri Nov 20, 2009 9:55 pm Post subject:

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

Guest

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?

adonis · Posted: Thu Apr 15, 2010 1:39 am Post subject:

Welcome Guest,

I've given my suggestions in regards to your query at:
http://www.mortgagefit.com/propertytransfer/taximplication-parents.htm l

Take a look at it. Hope it'll help you.

Guest

My Grand Mother(Mother’s mother) having 5 daughter’s 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 husband’s 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 right’s to share property?
All daughter’s are married before 1980’s.

adonis · Posted: Tue Oct 12, 2010 11:56 pm Post subject:

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.

Guest

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?

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