Posts Tagged "self-acquired property"

Can one sell his gifted property to anyone without offering it to his brother first?

Question asked by Mr. Dheeraj from India:
Hello Sir/Madam, can I sell my gifted property to anyone without offering it to my brother first?
Please reply as it will be highly appreciated.
Thanks
Dheeraj

Veena Answers:
We are of the view that if you have acquired the property through a gift deed, the same becomes your self acquired property and you are at liberty to sell the same to any third party. There is no requirement that you should offer the same to your brother first.
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