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GIFT DEED
This deed of Gift is executed on ________ day of ______________
month of _____________ year by Sri./Smt.__________________________,
S/o./ W/o.____________________________, occupation____________________,
and aged __________ years, residing
at_________________________________________________________________
_________________________________________________________________.
herein after called the DONOR.
1 In favour of
Sri./Smt.__________________________S/o./W/o._________________________,
occupation_____________
_______, aged __________ years, residing at________________________________
_____________________________________________________________________
Herein referred to as the DONEE.
2. Whereas, the term Donor and Donee unless repugnant
to the context shall mean and include their representatives
heirs, successors, executors, administrators, trustees,
legal representatives and assigns. Whereas, the Donor
herein, is the sole and absolute owner of immovable property
3 bearing No.___________ known as _____________________
situated at morefully described in the schedule hereunder
written and herein after called the schedule property.
Whereas, the Donor is the absolute owner, having acquired
the property, by ____________________ 4 and since then
Donor has been in possession and enjoyment of the schedule
property and paying taxes and levies thereon, as sole
and absolute owner thereof.
Whereas the Donee is related to the Donor as ____________.*
Whereas the Donor desires to grant the said land and premises
morefully described in the schedule written hereunder
and hereinafter referred as scheduled property to the
Donee as gift in consideration of natural love and affection
subject to the
condition herein after mentioned.
NOW THIS DEED WITNESSETH that the Donor, without any monitory
consideration and in consideration natural love and affection
which the Donor bears to the Donee hereby grant and transfer
by way of gift, the scheduled property situated at ___________________________together
with all the things permanently attached thereto or standing
thereon and all the liberties, privileges, easements and
advantages appurtenant thereto and all the estates, rights,
title, interest, use, inheritance, possession, benefits,
claims and demand whatsoever of the Donor TO HAVE AND
TO HOLD the same unto the use of the Donee absolutely
but subject to the payment of all taxes, rates, assessments,
dues and duties now and here after chargeable thereon
to the Government or local authorities. Whereas the Donor
hereby covenant with the Donee;
(a) That the Donor now has in himself, absolute right,
full power, and absolute authority to grant the said scheduled
property hereby granted as gift in the manner aforesaid.
(b) The Donee may at all times herein after peacefully
and quietly enter upon, take possession of the scheduled
property and enjoy the said scheduled property as he deems
fit without any interruption, claim or demand whatsoever
from or by the Donor or his heirs, executors, administrators
and assigns or any person or persons lawfully claiming
or to claim by from under or in trust for the Donor.
(c) AND FURTHER that the Donor and all persons having
or lawfully claiming any estate or interest whatsoever
to the said scheduled property and premises or any part
thereof from under or in trust for the Donor or his heirs,
executors, administrators and assigns or any of them shall
and will from time to time and
at all times hereafter at the request and cost of the
Donee do and execute or cause to be done and executed
all such further and other acts, deeds, things, conveyances
and assurances in law whatsoever for better and more perfectly
assuring the said scheduled property and every part thereof
unto and to the use
of the Donee in the manner aforesaid as by the Donee his
heirs, executors, administrators and assigns or counsel
in law shall be reasonably required.
SCHEDULE OF THE PROPERTY
(Gifted under this deed)
All the piece and parcel of immovable property 5 bearing
No.____________ Measuring _______________
Bounded by:-
On the East :
On the West :
On the South :
On the North :
Market value of the property gifted under this deed is
Rs._____________ (Rupees____________________________________only).
The Stamp duty is paid on the market value as computed
above.
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 herein above
written.
WITNESSES:
1. DONOR
2. DONEE
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