1)conditional gift deed can be executed by you
2) it should be duly stamped and registered
Dear Expert I have a small property in Tamil Nadu that has 4 Cemeteries of my forefathers. I want to give this property free to a religious institution with a condition that they should not broken and removed and no new cemetery can be placed. If they sell the property, then also the same conditions should apply. What would be best way to give this property ? Is this as gift deed or settlement deed ?. Any recommendation on the wording and its legality. Thanks for the time and attention - Regards - Ignesius
1. A "Conditional Donation" deed .OR. a "Conditional Gift Deed" can be executed and registered in favor of the institutions.
2. A strategic condition would be:
a) "restrained from selling /mortgaging /transferring /gifting /alienating /leasing /renting .... for a period of "so & so" years". (Period can be from 1 years to 999 years).
b) In the event if the Institution gets defunct /dissolved /...., THEN the property would revert back to the Donor or his legal heirs.
3. However, the above would be circumvented, IF the state govt. acquires the property for any public use.
Conditional gift deed. But this is not necessary if this condition will carry for ever by donor. As generations will and so the attitude.
Include revocable clause that in case of violation of condition, the gift will stand revoke and property will to generation/heirs of donor alive at that time.
You can transfer the property by executing a registered gift deed with the conditions imposed in it accordingly .
Alternately you can transfer the same by a testamentary disposition by bequeathing the same through a Will but it can be enforced only after your lifetime.
Dear client,
As per transfer of proertied act U/S 10 Condition restraining alienation is not valied and condition for enjoyment also not valied. instead giving others creat charitable trust construct any building to benefit to society
See you can gift the said property to the institution. Though no condition in gift can be there like for maintaining cemetery or any other condition.
- Under Section 122 of Transfer of Property Act 1882, you can gift the property either movable or immovable having title in your name.
- Be informed, you can have implied terms but not have any direct terms otherwise it would not be considered as Gift
Regards
Vivek Arya
- As per section 122 of the Transfer of Property Act, Gift is the transfer of certain existing movable or immovable property made voluntarily and without consideration, by one person, called the donor, to another, called the donee, and accepted by or on behalf of the donee.
- Hence, the better option is Gift deed,where you can mention your conditions.
- Further, A Gift of immovable property, which is not registered, is bad in law and cannot pass any title to the donee. and the documents should be stamped and registered as required, and attested by two witnesses.
1. You cannot make a conditional gift deed because it will become null and void as Gift deed cannot be conditional.
2. You should go for lease deed of 99 years in favour of religion trust and in that deed you can mention your conditions for enjoying the property.
3. You can also add clause for subletting the property to any other person.
Ans:-You can enter into an MOU (Memorandum of Understanding) with the new buyer stating all your conditions. However, It would be highly impossible for them to retain the same conditions, when they wish to sell the property later in the future.
1. You can execute a gift deed incorporating all these conditions. It will be a conditional gift deed.
2. Get a flawless gift deed drafted by a lawyer.
Dear Experts Thanks for all the input. My objective is only to protect the 4 Cemeteries of my forefathers in that land. The answers are conflicting. Mr. Mohit said that “You cannot make a conditional gift deed because it will become null and void as Gift deed cannot be conditional”. All others said that the gift deed can be conditional. The conditions are :- 1. The donee should not brake or remove the 4 cemeteries 2. They should not place any new cemetery at that place. 3. If they sell the property, then also the above two conditions should apply. So, as Mr. Hemant suggested, shall I add the following conditions too :- a) "restrained from selling /mortgaging /transferring /gifting /alienating /leasing /renting .... for a period of "so & so" years". (Period can be from 1 years to 999 years). b) In the event if the Institution gets defunct /dissolved /...., THEN the property would revert back to the Donor or his legal heirs. Will that make it more legally valid ? Yes. I will register it. Thanks - Ignesius
Conditional gift deed is valid
2) you can impose conditions that 4 cemeteries would not be removed
3) no need to add conditions that property would not be sold for x years
restrained from selling /mortgaging /transferring /gifting /alienating /leasing /renting .... for a period of "so & so" years". (Period can be from 1 years to 999 years). --- NO VALID.
In the event if the Institution gets defunct /dissolved /...., THEN the property would revert back to the Donor or his legal heirs. -- NO VALID. once gift is complete by acceptance, such condition cannot be bound on donor.
Yes all the aforementioned conditions are legal and valid and can be incorporated in your registered deed.
1. Under the parameters of "Transfer of Property Act", a Gift Deed can be executed with legitimate & tenable "conditions".
2. On violation of mentioned conditions, the Gift Deed stands rescinded and becomes legally non-enforceable.
A gift may be conditional subject to provisions of TPA as laid in section 26.
Conditional gift deed is valid.
Are you going to gift the cemetery or are you looking for a caretaker in the guise of a gift deed to the said person/organisation?
The conditions what you are desirous of imposing may not be acceptable to the donee especially if it appears to be a burden on the shoulders of the donee by getting this property as a gift.
The donee may feel that this is a clandestine caretaker arrangement in the brand of gift deed, hence the donee may even hesitate to accept the gift.
It will however not prevent you from looking for a donee to accept all your terms with regard to this gift of the proeprty by a registered gift deed with conditions imposed therein.
1. See conditions in will cannot be there , you can do one thing you can exclude the cemetery area from gift.
Further you can also give property on lease to institution for Rs.1 for 99 years in same conditions can be there.
Dear Sir,
When distribution of property without consideration (or payment) is based upon some condition, it is called a conditional gift. Two kinds of conditions may attach to such a gift: 1) Precedent condition: When something is expected to happen before the gift is granted.
Gift Deed can be conditional but the Gift Deed will be valid if transfer of the title is passed on immediately by the donor and accepted by the donee. Otherwise it will be treated as Will. In a conditional gift deed it can be mentioned that the donor will live in the premises gifted to the donee, till he dies.