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A sample Gift Deed
Gift Deed for an Immovable Property- Draft-I
THIS DEED OF GIFT IS MADE BETWEEN :-
Sh.________ s/o Sh._______ r/o __________ (hereinafter referred to as
"the donor")
AND
Sh._________ s/o Sh._______ d/o _________ (hereinafter referred to
as "the donee")
WHERE AS
The donor is the absolute owner and is in possession of the house
situated at ________ having boundary description as under:
East: West: North: South
The donor and donee are related to each other as father and
daughter.
That out of natural love and affection of the donor for the donee,
the donor is desirous of conveying the said property as gift to the
donee.
That the donor has no other male child and has two daughters
only
That the donee has been taking care of the donor in his old age.
That the donor is also living with the donee's family.
That the donor is of sound mind and is not under any intoxication,
undue influence, or coercion while making this gift deed.
NOW THIS GIFT DEED WITNESSES AS FOLLOWS:
1. In consideration of the natural love and affection of the donor
for the donee, the donor hereby transfers to the donee the said
property, the estimated value of which is Rs._________
(Rupees_______ only) to the donee to hold the same to the donee
absolutely forever.
2. The donee has accepted this Gift and has taken the physical
possession of the said property.
IN WITNESS WHERE OF, the donor gets and subscribes his
signature and deliver in presence of the witness.
Date:
(Signature of Donor)
Place:
DONOR
(Signature of Witness)
WITNESS 1:
Name and Address
(Signature of Witness)
WITNESS 2:
Name and Address
ACCEPTANCE
Accepted by the said Donee.
(Signature of Donee)
DONEE
Name and Address
A sample Gift Deed
Gift Deed for an Immovable Property- Draft-II
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._________________
(hereinafter referred to as "the donee") To Hold the same to the
donee absolutely forever. I further declare that the said gift has
been made by me out of my natural love and affection for the
donee and the same has been accepted by the donee.
IN WITNESS WHEREOF, I have executed this deed this ________
day of __________.
Witness:
4. Subject Matter of Gift: 4.1 Subject Land: ALL THAT piece or parcel of land hereditaments and premises measuring 1 one Cottah 8 eight Chhittacks be the same a little more or less out of the total land of 3 three Cottahs situate and lying at and being Municipal Holding No. _________, Ward No. _____, within the limit of ________ Municipality and having Postal Address _____________ and more fully and particularly described in the Schedule below and demarcated in colour Red on the Plan attached hereto ( Subject Land ). 4.2 The Structure: One-storied brick built dwelling house, having built up area of ____________ Square feet, be the same a little more or less, standing on the Subject Land (The Structure ), described in the Schedule below. 4.3 Other Rights: Easements and all other rights, liberties, privileges and benefi ts appurtenant to the Subject Land and The Structure and all equipments, installations, fi ttings, fi xtures etc. in or about The Structure. 4.4 Subject Property: The subject matter of the Gift is 4.1, 4.2 and 4. above, which are collectively described in the Schedule below and demarcated in colour Red and shown as “Lot – A” on the Plan attached hereto (collectively Subject Property ). 5. Background: 5.1 Description of the Title: Chain of title is to be described in detail here. 5.2 Sale to Donor: By a Deed of Sale dated _______, registered in the Offi ce of the Sub-Registrar, ________, in Book No. I, Volume No. ____, Pages __ to ___, Being No. ______ for the year __________ ( Said Deed) , said _______ (Name of the previous owner) sold the aforesaid plot of land measuring about 5 Decimals or 3 three Cottahs more or less comprised in Dag No. ______ as aforesaid to the Donor hereto.
5.3 Ownership of the Donor: In the circumstances, the Donor hereto became the sole and absolute owner of ALL THAT piece or parcel of land measuring 3 (three) Cottahs be the same a little more or less including the common passage situate and lying at ____________________ and comprised in _____________. 5.4 Construction by the Donor: Subsequently, the Donor constructed a one-storied brick built dwelling house on his acquired property as aforesaid in accordance with the building plan duly sanctioned by the appropriate authority. 5.5 Said Property: Thus the Donor has become the sole and absolute owner in respect of the land and the structure as referred above ( Said Property ). The Subject Property is the part and portion of the Said Property.
6. Representations and Warranties of the Donor: 6.1 Absolute Ownership: The Donor is the absolute owner of the Subject Property. 6.2 Right, Power and Authority to Sell: The Donor has good right, full power, absolute authority and indefeasible title to gift and/or alienate the Subject Property. 6.3 Free from Encumbrances: The Subject Property is free from all claims, demands, encumbrances, mortgages, charges, liens, attachments, lis pendens, uses, debutters, trusts, prohibitions, Income Tax Attachment, Financial Institution Charges and liabilities whatsoever or howsoever made or suff ered by the Donor or any person claiming through the Donor and the title of the Donor to the Subject Property is free, clear and marketable. 6.4 No Prejudicial Act by the Donor: The Donor has not at any time done or executed or knowingly suff ered or been party or privy to any act,
8.1.3 Other Rights: Easements and all other rights, liberties, privileges and benefi ts appurtenant to the Subject Land and The Structure and all equipments, installations, fi ttings, fi xtures etc. in or about The Structure. 8.2 Consideration: Natural love and aff ection that the Donor bears for the Donee.
9. Terms of Gift: 9.1 Salient Terms: The gift of the Subject Property being eff ected by this Deed is: 9.1.1 Gift: A gift within the meaning of the Transfer of Property Act, 1882. 9.1.2 Absolute: Absolute, irreversible and forever. 9.1.3 Free from Encumbrances: Free from all encumbrances of any and every nature whatsoever including but not limited to lis pendens, attachments, liens, charges, mortgages, trusts, debutters, reversionary rights, residuary rights, claims and statutory prohibitions. 9.1.4 Other Rights: Together with Easements and all other rights, liberties, privileges and benefi ts appurtenant to the Subject Property. 10. Miscellaneous: 10.1 Delivery of Possession: Simultaneously with the execution of these presents khas, vacant and peaceful possession of the Subject Property is handed over by the Donor to the Donee ( Possession Date ). 10.2 Outgoings: All Municipal and other taxes, penalties, surcharge, outgoings, liabilities and levies on or relating to the Subject Property till the Possession Date, whether as yet demanded or not, shall be borne, paid and discharged by the Donor and thereafter that shall be borne, paid and discharged by the Donee.
10.3 Holding Possession: The Donor hereby covenant that the Donee shall and may, from time to time and at all times hereafter, peacefully and quietly enter into, hold, possess, use and enjoy the Subject Property and every part thereof and receive rents, issues and profi ts thereof and all other benefi ts, rights and properties hereby gifted or expressed or intended so to be unto and to the Donee, without any lawful eviction, hindrance, interruption, disturbance, claim or demand whatsoever from or by the Donor or any persons lawfully or equitably claiming any right or estate therein from under or in trust from the Donor. 10.4 Further Acts: The Donor hereby covenants that the Donor or any person claiming under him, shall and will from time to time and at all times hereafter, upon every request and at the cost of the Donee and/or successors-in-interest of the Donee, do and execute or cause to be done and executed all such acts, deeds and things for further or more perfectly assuring the title of the Donee to the Subject Property. 10.5 Production of Said Deed: As referred hereinbefore, the Said Deed and all other title documents in respect of the Said Property shall be lying with the custody of the Donor and unless prevented by fi re or other unavoidable accidents from time to time and at all times hereinafter at like request and cost of the Donee, the Donor or his successors-in- interest will produce or cause to be produced the Said Deed and/or the said documents for reasonable requirement as may be required from time to time. 10.6 Assessment of Value for the purpose of Advalorem Stamp Duty: For the computation of stamp duty, the value of the Subject Property is assessed at Rs. ______/- (Rupees ________) only.
11. Interpretation: 11.1 Number: Words denoting the singular number include, where the context permits and requires, the plural number and vice-versa.
- Signature: _________________________ Name: Father’s/Husband’s Name: Address:
- Signature: _________________________ Name: Father’s/Husband’s Name: Address:
A sample Gift Deed
Gift Deed for an Movable Property
I, _________________ (name of donor), S/o _________________
(father’s name), R/o_____________________ (address), do hereby on
dated __________ make a gift-deedfor a gift made on dated of
___________, Rs. ______/- (Rupees in word) out of love andaffection
to my ____________ (mention the relationship & name of receiver),
S/o orW/o _______________, R/o_________________________.I confirm
that I am a resident Indian. I, further confirm that this gift is being
made out ofmy own funds standing to the credit of my A/c No.-
__________ in____________(mention the Bank name & address).I,
further confirm that the consideration for this gift is the love and
affection for my
____________________ (mention the relationship & name of receiver)
and no other consideration.
I am an Income Tax assessee having PAN/GIR # A-984 / N and
assessed with Income Tax ward 1, Noida and this gift is made out
of my past savings from profession in India.
I further confirm that the gift has been made by Cheque No
___________ dated _______drawn on ___________________________
(mention the Bank name & address). This gift is irrevocable and I
have no claim left whatsoever on the said gifted amount and
he/she is free to utilise it in any manner.
PLACE:
DATED: _______________________(Donor name)
Witness:
The gift as stated above is accepted
______________________(Name of receiver)
