Legal Documents Library

DEED OF GIFT OF IMMOVABLE PROPERTY

THIS DEED OF GIFT is made at ........ this ........ day of.. ..... between Mr. A of ....... hereinafter referred to as 'the Donor' of the One Part and Mr. B of ....... hereinafter referred to as 'the DONEE', of the Other Part.

WHEREAS the Donor is seized and possessed of the land and premises situate at ......... and more particularly described in the Schedule hereunder written.

AND WHEREAS the DONEE is related to the Donor as ........

AND WHEREAS the Donor desires to grant the said land and premises to the DONEE as gift in consideration of natural love and affection as hereinafter mentioned '

AND WHEREAS the DONEE has agreed to accept the gift as is evidenced by his executing these presents.

AND WHEREAS the market value of the said property his estimated to be Rs .....

NOW THIS DEED WITNESSETH that the Donor without any monetary consideration and in consideration of natural love and affection, which the Donor bears to the DONEE, doth hereby grant and transfer by way of gift the said land and premises situate at ..... and more particularly described in the Schedule hereunder written together with all and singular the buildings, and structures. thereon and all the things

GIFT DEED OF PROPERTY (FOR PARTICULAR PURPOSE)

 

THIS DEED OF GIFT is made

BETWEEN

Sh.________________________________,

s/o Sh._____________________________,

r/o____________________________________________________________

(hereinafter referred to as "the donor")

AND

Sh.__________________________________,

d/o Sh. ________________________________,

and w/o Sh ___________________________,

r/o __________________________________________________________________ (hereinafter referred to as "the donee")

1. WHEREAS the DONEE intends to start a school at (Name of Place)_____________ for the education of children

2. The DONOR is desirous of donating the land fully mentioned and described in the schedule hereto to be used as a site for said school.

NOW THIS DEED WITNESSES AS FOLLOWS:

1

Format of Gift Deed to gift Land, Building, Flat or other Property to Relative without consideration. Download Gift Deed format.

You can gift Shares owned by you to your relative by preparing a gift deed.

 

Registration of Gift Deed

A Gift Deed is a legal document that represents a transfer of gift from one person to another as per the provisions of the law. Gift Deed is a legally binding written document defined in Section 122 of the Transfer of Property Act, 1822, through which the donor can transfer an existing movable or immovable property to the donee voluntarily. A Gift Deed is valid only if it is given out of love and affection, without any consideration in return by one family member/ friend to another. Also, under Section 17 of the Registration Act, 1908, it is mandatory to have a registered Gift Deed when you want to transfer immovable property.

 

Following are the conditions to be met to make a gift of property valid.

1. A transfer of property must be voluntary and made gratuitously.

2. It must satisfactorily appear that the donor knew what he was doing and understood the contents of the instrument and its effect.

3. Documents should be stamped and registered as required, and attested by two witnesses.

4. A valid gift of property can be made only by a registered instrument.

5. The Person to whom the property is being transferred (Donee) must accept the property during the lifetime of the donor. If the Donee dies before accepting the gift, the gift becomes void.

6. A minor cannot be a donor but can be a Donee. If the property is gifted to a minor, on behalf of a minor, a natural guardian can accept a gift.

7. If the gift is onerous, the obligation cannot be enforced against him while he is a minor. But later, he must either accept the burden or return the gift.

8. The gift of property must be without any consideration, absolute and unconditional except when made for a specific purpose. If there is any consideration in any shape, there is no gift.

9. Any person who is competent to contract can gift his property. Every person is competent to contract who is of the age of majority according to the law to which he is subject, and who is sound mind and is not disqualified from contracting by any law to which he is subject.

10. The person offering the gift and the one receiving must both sign the gift deed.

Sample format of Gift Deed of Property without consideration is given below:

 

GIFT DEED

THIS DEED OF GIFT is made at ______________ on this 2nd day of ____________ 20__ BETWEEN

Mr. _________________., s/o __

DRAFT OF DEED OF GIFT OF IMMOVABLE PROPERTY

This Deed Of Gift is made at ........ this ........ day of.. ..... between Mr. A of ....... hereinafter referred to as 'the Donor' of the One Part and Mr. B of ....... hereinafter referred to as 'the DONEE', of the Other Part.

WHEREAS the Donor is seized and possessed of the land and premises situated at ......... and more particularly described in the Schedule hereunder written.

AND WHEREAS the DONEE is related to the Donor as ........

AND WHEREAS the Donor desires to grant the said land and premises to the DONEE as gift in consideration of natural love and affection as hereinafter mentioned '

AND WHEREAS the DONEE has agreed to accept the gift as is evidenced by his executing these presents.

AND WHEREAS the market value of the said property his estimated to be Rs .....

NOW, this Deed Witnesseth that the Donor without any monetary consideration and in consideration of natural love and affection, which the Donor bears to the DONEE, doth hereby grant and transfer by way of gift the said land and premises situated at ..... and more particularly described in the Schedule hereunder written together with all and singular the buildings, and structures. thereon and all the things permanently attached thereto or standing thereon and all the liberties, privileges casements and advantages appurtenant thereto And all the estate, right, title, interest use, Inheritance, possession. benefit, claims and demand whatsoever of the Donor To Have And To Hold the same unto and to the use of the DONEE absolutely but subject to the payment of all taxes, rates, assessments, dues and duties now and hereafter chargeable thereon to the Government or Municipality or other Local Authority.

AND he the Donor doth hereby covenants with the DONEE;

a. That the Donor now has in himself, good right, full power and absolute authority to grant the said piece of land and other the

DEED OF GIFT OF UNDIVIDED SHARE OR INTEREST IN THE IMMOVABLE PROPERTY BY ONE CO-OWNER TO THE OTHER CO-OWNER

THIS DEED OF GIFT made the ________ day of __________

BETWEEN

_________________________________________________ (insert the name of Donor, address, etc.) (hereinafter called the assignor) of the ONE PART

AND

_______________________________________________ (insert the name of Donee, address, etc.) (hereinafter called the Donee) of the OTHER PART.

WHEREAS:

NOW THIS DEED WITNESSETH as follows :

THE SCHEDULE ABOVE REFERRED

DEED OF GIFT OF LEASEHOLD PROPERTY FOR THE UNEXPIRED RESIDUE OF THE TERM AND OF THE FURNITURE AND OTHER MOVABLE PROPERTIES ABSOLUTELY

THIS DEED OF GIFT made the ________ day of __________

BETWEEN

_________________________________________________ (insert the name, address, etc. of donor) (hereinafter called the donor) of the ONE PART

AND

_______________________________________________ (insert the name, address, etc. of daughter of donor) (hereinafter called the donee) (the state relationship if any of the

DEED OF GIFT OF IMMOVABLE PROPERTY

[Alternative form]

THIS DEED OF GIFT made the ________ day of __________

BETWEEN

_________________________________________________ (insert the name of Donor, address, etc.) (hereinafter called the doner) of the ONE PART

AND

_______________________________________________ (insert the name of Donee, address, etc.) (hereinafter called the Donee)( the state relationship if any of the donor ) of the OTHER PART.

WHEREAS:

NOW THIS DEED WITNESSETH as follows:

THE SCHEDULE ABOVE REFERRED

DEED OF GIFT FOR THE PURPOSE OF

CONSTRUCTION A TEMPLE

THIS DEED is made on this ________ day of ________

BETWEEN

Sh.______________________________,

s/o Sh. ___________________________,

r/o ______________________________, (hereinafter referred to as "the donor") of the one part

AND

Sh._________________________________,

s/o Sh. _____________________________,

r/o __________________________________ (hereinafter referred to as "the donee") of the other part.

WHEREAS

1. The donor is the owner and is absolutely seized and possessed of the plot of land situated at _______ (more particularly describe in Schedule I annexed hereto).

2. The donee is desirous of establishing a Hindu temple for worship and for

ANOTHER FORM OF GIFT DEED (With Recitals)

THIS DEED OF GIFT is made on this _________ day of ___________

BETWEEN

Sh.___________________________ ,

s/o Sh._________________________,

r/o _________________________________________________ (hereinafter referred to as "the

donor")

AND

Sh.______________________________,

s/o Sh.___________________________,

r/o______________________________________ ____________ (hereinafter referred to as "the

donee")

WHEREAS

1. The donor is the owner and is absolutely seized and possessed of the house situated at _________ (more particularly describe in Schedule

SIMPLE FORM OF GIFT DEED

KNOW ALL MEN BY THESE PRESENTS that

I, ______________________________________,

S/o Sh.__________________________________,

r/o ____________________________________, transfers voluntarily, the property bearing no.______________________________________ situated at _______________ (more particularly described in the schedule annexed hereto), the estimated value of which is Rs.___________ (Rupees_________________________________________________ only) to my daughter Smt.______________________________________________ w/o of Sh._________________________________________________

DEED OF GIFT FOR THE PURPOSE

OF RUNNING AN ORPHANAGE

THIS DEED OF GIFT is made on this ______________ day of ___________

BETWEEN

Sh.________________________________

s/o Sh.______________________________

r/o _________________________________ (hereinafter referred to as "the donor")

AND

_______________________________________, a charitable organization registered as a society under the Society Registration Act, 1860 (hereinafter referred to as "the donee")

WHEREAS

1. The donor is the owner and is absolutely seized and possessed of the building situated at………………………………..

2. The donee is charitable

DEED OF GIFT FOR THE PURPOSE OF ESTABLSHING A HOSPITAL

THIS DEED is made on this ____________________ day of ____________

BETWEEN

Sh._____________________________

s/o Sh. __________________________

r/o _____________________________ (hereinafter referred to as "the donor") of the one part

AND

Sh. ____________________________,

s/o Sh. ___________________________

r/o _______________________________ (hereinafter referred to as "the donee") of the other part.

WHEREAS

1. The donor is the owner and is absolutely seized and possessed of the plot of land situated at ___________________________ (more