Can a gift deed be revoked without consideration or chance?
Can a gift deed be revoked without consideration, and are there any chances for revocation?
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Advocate By LEAD INDIA
Answered: 25 Feb 2025
A gift deed can be revoked only under certain conditions, such as if it was made without consideration (no exchange of money or valuable property) or if it was signed under undue influence or fraud. If the gift deed is made under legal provisions, revocation may not be possible. You should consult a lawyer for specific guidance based on the situation and the terms of the gift deed. For further legal assistance contact us on our helpline number.
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