This document outlines the conditions for a valid gift deed under Hindu law, including that the gift must be voluntary, acceptance must occur during the donor's lifetime, no consideration is required, the gift can be of movable or immovable existing property and must be attested by two witnesses. It also notes the relevant sections of the Transfer of Property Act 1882 and requirements for stamp duty and registration for immovable but not movable property gifts.

1. GIFT DEED
HINDU LAW

2. CONDITIONS
MUST BE VOLENTARY
POSSESSION MUST BE ACCEPTED BY THE DONEE DURING
THE LIFETIME OF THE DONOR
IF DONEE DIES BEFORE ACCEPTANCE GIFT BECOMES VOID

3. CONDITIONS
NO CONSIDERATION
MOVABLE AND/OR IMMOVABLE
EXISTING PROPERTY
ATTESTED BY AT LEAST TWO WITNESSESS

4. CONDITIONS
GIFT CAN BE MADE IN FAVOUR OF MINOR
IT CAN BE ACCEPTED BY THE FATHER/GUARDIAN
SECTION 11 OF THE INDIAN CONTRACTS ACT 1872 WILL
NOT BE ATTRACTED

5. PROVISIONS OF LAW
TRANSFER OF PROPERTY ACT 1882
Sections 122 -129

6. STAMP DUTY AND REGISTATION
IMMOVABLE PROPERTY
BOTH COMPULSORY

7. MOVABLE PROPERTY
DELIVERY OF THE PROPERTY IS SUFFICIENT
NO REGISTRATION REQUIRED

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