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Gift Deed in Bangalore: Secure Property Transfer Legally

A gift deed is a legal document used to transfer property ownership without monetary exchange. In Bangalore, gift deed registration is mandatory.

Essential Features of a Gift Deed

Voluntary Transfer – No financial consideration is involved.
Irrevocable – Once executed, it cannot be revoked.
Legal Registration – Stamp duty & registration are required for validity.

Why Register a Gift Deed?

📌 Prevents future ownership disputes.
📌 Provides legal proof of the transfer.
📌 Exempted from income tax under certain conditions.

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