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Gift Deed (draft)
A draft to gift property to a family member out of love and affection. Must be registered to be valid.
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⚖️ Before you use this
- •A Gift Deed MUST be registered at the Sub-Registrar (Kaveri) with stamp duty paid — it is not valid otherwise. Gifts to specified family members attract concessional stamp duty in Karnataka.
- •A gift is irrevocable once accepted. Get it drafted/reviewed by a lawyer before registering.
Preview
GIFT DEED This Gift Deed is made at [Place] on [Date] between: DONOR: [Donor] (the person making the gift) DONEE: [Donee] (the person receiving the gift) The Donor and Donee are related as [Relationship]. 1. Out of natural love and affection, and without any monetary consideration, the Donor hereby gifts, transfers and conveys to the Donee the property described below, absolutely and forever: [Property] 2. The Donor confirms sole ownership and clear title, free of encumbrances. 3. The Donee accepts the gift. Possession is handed over to the Donee. 4. This gift is irrevocable. DONOR: ____________________ DONEE: ____________________ WITNESSES: 1. ____________________ 2. ____________________