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Pages 29 Deed Sample Pages Pages 5

The document outlines the legal definition of a gift as per Sec. 122 of The Transfer of Property Act, 1882, and provides a template for a Deed of Gift of immovable property. It details the roles of the donor and donee, the property being gifted, and the conditions under which the gift is made, emphasizing the absence of monetary consideration and the relationship between the parties. The deed also includes covenants ensuring the donee's rights to the property and the donor's authority to grant the gift.

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9 views1 page

Pages 29 Deed Sample Pages Pages 5

The document outlines the legal definition of a gift as per Sec. 122 of The Transfer of Property Act, 1882, and provides a template for a Deed of Gift of immovable property. It details the roles of the donor and donee, the property being gifted, and the conditions under which the gift is made, emphasizing the absence of monetary consideration and the relationship between the parties. The deed also includes covenants ensuring the donee's rights to the property and the donor's authority to grant the gift.

Uploaded by

srinivasan
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as PDF, TXT or read online on Scribd
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5

2. GIFT:
According to Sec.122 of The Transfer of Property Act, 1882, “Gift is the transfer of
certain existing moveable or immoveable property made voluntarily and without consideration,
by one person, called the donor, to another, called the donee, and accepted by or on behalf of
the donee.”

DEED OF GIFT OF IMMOVABLE PROPERTY

THIS DEED OF GIFT is made at ........ this ........ day of ……….......


Between
Mr.…………s/o …………... of ....... hereinafter referred to as 'the DONOR' of the One Part
And
Mr. …………. s/o………..of ....... hereinafter referred to as 'the DONEE', of the Other Part.

WHEREAS the DONOR is seized and possessed of the land and premises situated 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 the said land and premises to the DONEE as gift in
consideration of natural love and affection as hereinafter mentioned.

AND WHEREAS the DONEE has agreed to accept the gift as is evidenced by his executing
these presents.

AND WHEREAS the market value of the said property is estimated to be 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 situated at …………….......
and more particularly described in the Schedule hereunder written together with all 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.

AND he the DONOR doth hereby covenants with the DONEE:


(a) That the DONOR now has in himself, good right, full power and absolute authority to grant
the said piece of land and other the premises hereby granted as gift in the manner
aforesaid.
(b) The DONEE may at all times hereafter peaceably and quietly enter upon have occupy,
possess and enjoy the said piece of land and premises and receive the rents, issues and
profits and rents thereof and every part thereof to and for his own use and benefit without
any suit, lawful eviction, interruption, claim or demand whatsoever from or by the DONOR

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