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Gift Deed vs Settlement Deed vs Will | Judicial Service Exam
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Under the Transfer of Property Act, 1882, both Gift and Settlement mean transferring property but the effect is not the same.

🎁 Gift Deed (Sec. 122, TPA) – Immediate transfer, voluntary, irrevocable once accepted.
🤝 Settlement Deed – Transfer often with conditions, can reserve life interest, mostly irrevocable.

Understanding these differences is key when dealing with property rights and family arrangements. 📜

#JudicialService #LawSimplified #TransferOfPropertyAct #GiftDeed #SettlementDeed #CivilLaw #LawStudents
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RYD date created : 2025-08-22T13:59:54.556617Z
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