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Deed of Gift Property in Consideration of Natural Love
Deed of Gift Property in Consideration of Natural Love
Gifts are governed by Transfer of Property Act, 1882. A gift can be given of any property -
Movable or Immovable.
As per Sec 122, for a Gift to be valid -
1. The property that is to be gifted must be in existence at the time of making the gift (for
example, future expected crop produce cannot be gifted)
2. The donor must be the lawful owner of the property
3. Must be voluntary
4. Must be without consideration
5. Must be accepted by the donee
As per S. 123, if the gift is of an immovable property, the gift deed must be registered and
attested.
The gift of a movable property can be effected by registration or by delivery of the property.
DEED OF GIFT
This DEED OF GIFT is made at …….. on this …….. day of.. …..
BETWEEN
WHEREAS the Donor is the absolute and lawful owner and 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 and transfer by way of gift the said land and
premises to the DONEE in consideration of natural love and affection he has towards the
DONEE as hereinafter mentioned.
AND WHEREAS the DONEE has agreed to accept the gift as is evidenced by his executing
these presents.
AND WHEREAS the value of the said property is estimated as 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 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.
IN WITNESS WHEREOF the Donor as well as the DONEE (by way of acceptance of the said
gift) have put their respective hands the day and year first hereinabove written.
__________________
Donor
__________________
DONEE
1……………
2……………