Gift Deed Drafting
Draft Gift Deed With The Help Of Expert Lawyers
A gift deed is a legal instrument that records and details transfer of movable or immovable property from the donor (giver) to the donee (receiver) with no exchange of cash. The “gift” must be a well-defined movable or immovable property and be transferable.
- a) Introduction call. A 15-minute call to understand your advocate and mention how you’ll work together
- b) Checklist of list of documents required are going to be shared.
- c) Verification of your documents.
- d) Drafting of the Gift Deed and Handling the specified paperwork.
What’s Not Included
- a) Registration of Gift Deed.
You May Also Want to understand
- a) What’s a present Deed?
A Gift Deed may be a legal instrument elucidating the voluntary transfer of the property to somebody else with none monetary exchange. The handover are often made either to an individual or an institution; however, it should be accepted by the recipient during the lifetime of the donor and will even be registered.
- b) What all details are included in Gift Deed?
A Gift Deed includes following details:
- a) Date and place where the deed is documented.
- b) Donor’s details (Name, Date of Birth, Father’s Name and Address).
- c) Details of the Donee (Name, Father’s name, Date of Birth and Relationship with the Donor).
- d) Relationship of Donor and Donee.
- e) Elucidation of the property gifted.
- f) Signatures of both- Donor and Donee.
- g) Details of two witnesses present at the time of property transfer.
- h) Signature of the witnesses.
- c) what’s the procedure for cancellation of a present Deed?
A Gift Deed are often revoked if it complies with following conditions:
- a) there’s mutual consensus between the Donor and therefore the Donee that the deed should be revoked.
- b) The property transfer event was just supported the desire of the Donor and therefore the Donee was unwilling to simply accept the asset.
- c) The condition isn’t illicit, repugnant and immoral to the estate created under the Gift.