GIFT DEED
This GIFT DEED is made and executed at ________, on this ________ BY;
________ son of ________, aged ________ years resident of ________ (hereinafter referred to as the "Donor" which expression shall unless repugnant to context and meaning hereof mean and include its respective legal heirs, successors, executors, nominees, assignees, administrators and legal representatives)
IN FAVOUR OF
________ son of ________, aged ________ years resident of ________ (hereinafter referred to as "Donee")
WHEREAS the Donor is the absolute Owner and in possession of the residential property admeasuring: ________ situated in: ________ (hereinafter referred to as the "Property" and described in the Schedule below), having acquired the same vide a sale deed dated ________ registered as ________ at following Sub Registrar Office: ________.
AND WHEREAS the Property is free from all sorts of encumbrances such as liens, charges, claim, liabilities, acquisitions, injunctions or attachments from any Court of Law, gifts, mortgages, demands, notices, notifications, legal disputes, difference, prior sale and flaws etc. and the Donor is fully entitled to dispose of the same.
AND WHEREAS the Donor has great love and affection with the Donee being related as following to the Donee : ________;
AND WHEREAS the Donor has agreed to gift the Property UNTO the Donee and the Donee has agreed to accept the same.
NOW THIS GIFT DEED WITNESSETH AS UNDER:
(1). That the Donor does hereby donate/gift the aforesaid Property, UNTO
________ son of ________, aged ________ years resident of ________
namely the Donee on account of great love and affection with being related as following: ________.
(2) That the aforesaid Property under donation/gift is occupied by ________ on a rent of Rs. ________ (________) to be paid: Weekly. The Tenants have been advised to adorn the Donee as the Landlord and to pay the rent in question form today to the Donee.
(3) The Possession of the aforesaid Property has been handed-over/ delivered to the the Donee by the Donor.
(4) That the Donee shall become the absolute and exclusive Owner with all rights in the aforesaid Property on and from ________ and shall also enjoy all rights of ownership therein. The Donor shall be left with no right, title, interests or liens whatsoever of any sort/nature in the aforesaid Property henceforth after the execution/ registration of this Gift Deed.
(5) The Property is free from acquisition by the Government and has not been notified under section 4 & 6 of the Land Acquisition Act 1894.
(6) That the Donee with its own funds shall get the aforesaid Property transferred/mutated in its favour in the records of the Departments concerned on the basis of this Gift Deed even in the absence of the Donor who has no objections in this regard. The Donor will also extend full co-operation to the Donee, when asked for/ required/ necessary in this regard.
(7) That the Donee has accepted the gift of the said Property and has also taken over the Ownership and possession of the same from the Donor.
(8) That the market value of the above-mentioned Property has been assessed at Rs.________ (________), as per the circle rates notified by Government. All facts relating to the market value and chargeability of stamp duty and transfer duty have been fully mentioned in this deed including form 'A' submitting with this deed with the registration authority.
(9) That all the expenses of the Gift Deed such as Stamp Duty, registration charges and registration Fees have been borne and paid by the Donor.
(10) 5552 588 252552 25528, 8288, 55228, 25 522 22525 2282. 25 252888258 5528 525 5225258 82 5282282 22 252 58282-222282225 25222522 85588 82 82522 525 2585 82 252 82222.
(11) 5552 588 252 58282 82258/252258 828855822 25288258 28282 52258 (82 258282588), 52852822 22 252 522528585 25222522 5582 8222 552525 2825/528882525 22 252 82222 82 252 82225.
(12) This deed shall be governed by the laws of India.
IN WITNESS WHEREOF the parties have set and subscribed their respective hands and signatures to this Gift Deed at ________, on the date, month and year first above written in the presence of the following witnesses after fully considering and admitting the facts thereof:
___________________________
________
___________________________
________
WITNESSES:
1. ___________________
(Name and signature)
2. ___________________
(Name and signature)
GIFT DEED
This GIFT DEED is made and executed at ________, on this ________ BY;
________ son of ________, aged ________ years resident of ________ (hereinafter referred to as the "Donor" which expression shall unless repugnant to context and meaning hereof mean and include its respective legal heirs, successors, executors, nominees, assignees, administrators and legal representatives)
IN FAVOUR OF
________ son of ________, aged ________ years resident of ________ (hereinafter referred to as "Donee")
WHEREAS the Donor is the absolute Owner and in possession of the residential property admeasuring: ________ situated in: ________ (hereinafter referred to as the "Property" and described in the Schedule below), having acquired the same vide a sale deed dated ________ registered as ________ at following Sub Registrar Office: ________.
AND WHEREAS the Property is free from all sorts of encumbrances such as liens, charges, claim, liabilities, acquisitions, injunctions or attachments from any Court of Law, gifts, mortgages, demands, notices, notifications, legal disputes, difference, prior sale and flaws etc. and the Donor is fully entitled to dispose of the same.
AND WHEREAS the Donor has great love and affection with the Donee being related as following to the Donee : ________;
AND WHEREAS the Donor has agreed to gift the Property UNTO the Donee and the Donee has agreed to accept the same.
NOW THIS GIFT DEED WITNESSETH AS UNDER:
(1). That the Donor does hereby donate/gift the aforesaid Property, UNTO
________ son of ________, aged ________ years resident of ________
namely the Donee on account of great love and affection with being related as following: ________.
(2) That the aforesaid Property under donation/gift is occupied by ________ on a rent of Rs. ________ (________) to be paid: Weekly. The Tenants have been advised to adorn the Donee as the Landlord and to pay the rent in question form today to the Donee.
(3) The Possession of the aforesaid Property has been handed-over/ delivered to the the Donee by the Donor.
(4) That the Donee shall become the absolute and exclusive Owner with all rights in the aforesaid Property on and from ________ and shall also enjoy all rights of ownership therein. The Donor shall be left with no right, title, interests or liens whatsoever of any sort/nature in the aforesaid Property henceforth after the execution/ registration of this Gift Deed.
(5) The Property is free from acquisition by the Government and has not been notified under section 4 & 6 of the Land Acquisition Act 1894.
(6) That the Donee with its own funds shall get the aforesaid Property transferred/mutated in its favour in the records of the Departments concerned on the basis of this Gift Deed even in the absence of the Donor who has no objections in this regard. The Donor will also extend full co-operation to the Donee, when asked for/ required/ necessary in this regard.
(7) That the Donee has accepted the gift of the said Property and has also taken over the Ownership and possession of the same from the Donor.
(8) That the market value of the above-mentioned Property has been assessed at Rs.________ (________), as per the circle rates notified by Government. All facts relating to the market value and chargeability of stamp duty and transfer duty have been fully mentioned in this deed including form 'A' submitting with this deed with the registration authority.
(9) That all the expenses of the Gift Deed such as Stamp Duty, registration charges and registration Fees have been borne and paid by the Donor.
(10) 5552 588 252552 25528, 8288, 55228, 25 522 22525 2282. 25 252888258 5528 525 5225258 82 5282282 22 252 58282-222282225 25222522 85588 82 82522 525 2585 82 252 82222.
(11) 5552 588 252 58282 82258/252258 828855822 25288258 28282 52258 (82 258282588), 52852822 22 252 522528585 25222522 5582 8222 552525 2825/528882525 22 252 82222 82 252 82225.
(12) This deed shall be governed by the laws of India.
IN WITNESS WHEREOF the parties have set and subscribed their respective hands and signatures to this Gift Deed at ________, on the date, month and year first above written in the presence of the following witnesses after fully considering and admitting the facts thereof:
___________________________
________
___________________________
________
WITNESSES:
1. ___________________
(Name and signature)
2. ___________________
(Name and signature)
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