GIFT
DEED
THIS GIFT DEED IS
EXECUTED AT___ON THIS___DAY OF___, 2001 by Mr___
son of aged___ about___ years, residing at___
(hereinafter referred to as the DONOR which
expression shall wherever the context so requires
or admits, mean and include his successors,
executors, administrators and assigns or anyone
claiming through or under him) IN FAVOUR OF
Mr___son of ___ aged about___ years, residing at
___ (hereinafter referred to as the DONEE which
expression shall wherever the context so requires
or admits, mean and include his/her successors,
executors, administrators and assigns or anyone
claiming through or under him)
WHEREAS the Donor
herein, is the absolute owner of (vacant
land/house/building shop etc.) bearing No___
situated at___ which is more fully described in
the Schedule hereunder and hereinafter referred
to as the "Schedule Property":
WHEREAS the Donor,
is desirous of gifting the schedule property to
the Donee out of natural love and affection:
NOW THIS DEED
WITNESSETH AS UNDER:
1.
In consideration of the natural love and
affection the Donor has for the Donee, the Donor
hereby gifts in favour of the Donee the scheduled
property hereunder absolutely and forever.
2.
The Donor has this day put the Donee in actual
physical possession of the schedule property and
the Donee has accepted the said Gift and has
taken possession of the Schedule Property, and
has in token thereof signed this deed.
SCHEDULE
(Describe the property)
IN WITNESS
WHEREOF, the parties above named have executed
these presents in the presence of the witnesses
attesting hereunder on the day, month and year
first above written.
- SIGNED AND
DELIVERED
- by the
withinnamed Mr.___, the Donor
- in the
presence of Mr. ____________
- SIGNED AND
DELIVERED
- by the
withinnamed Mr.___, the Donee
- in the
presence of Mr. ____________
NOTE: 1)
Documents should be stamped with appropriate
non-Judicial stamp and to be registered as
required under the India Registration Act.
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