I’m planning to gift my property to my son, but I want to ensure I retain the right to sell it. How can I achieve this legally in India?

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Law Forum › Category: Property › I’m planning to gift my property to my son, but I want to ensure I retain the right to sell it. How can I achieve this legally in India?
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Apni Law Staff asked 5 days ago

I’m planning to gift my property to my son, but I want to ensure I retain the right to sell it. How can I achieve this legally in India?

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Best Answer

Apni Law Staff answered 5 days ago

You can achieve this through a “Life Estate” arrangement, where you gift the property to your son but retain the right to live in and sell the property during your lifetime. This arrangement should be clearly documented in a registered deed for legal validity.

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