GIFT DEED

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GIFT DEED

Total Area of plot/flat....................................................................Sq. Meters/Sq. Feet

Cost of land ............................................................................................................

Built up area..................................................................................................Sq. Feet

Number of floors constructed/semi constructed.........................................................

Category...................................................................................................................

User Type- Residential/Commercial/Industrial...........................................................

Year of construction................................................................................................

Cost of construction................................................................................................

Stamp Duty Rs........................................................................................................

This GIFT DEED is made and executed at (name of place) on this _____________________ day of _____________________________________
BETWEEN _________________________________________. S/O, _________________________ D/O, W/O _____________________________________________________________________,
R/O ____________________________________________________________________________
hereinafter called the (DONOR),

AND
_________________________________________, S/O, D/O, W/O _________________________________________,
R/O ____________________________________________________________________________
________________________________________________________________________________,
hereinafter called the (DONEE),

The expressions of the DONOR and the DONEE shall mean and include their respective heirs, successors, executors, nominees, assignees, administrators and legal representatives etc.

Village name:	Consideration
document type:	R.S.No.
Total Area:

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Source of title to the property:

...........................................................................................................................

And Whereas the Donor is the ________________________________ (relationship with donor) of the Donor and out of her love and affection for the Donor, the Donor has agreed to transfer the said property, i.e. ____________________ (mention the share- half/full) having undivided/divided share in the entire Freehold Built-up Property bearing No.________________________ (hereinafter referred to as “SAID PROPERTY”) by way of Gift to the Donor, which has been ACCEPTED by the Donor.

NOW THOS GIFT DEED WITNESSETH AS UNDER

(1) That the aforesaid Donor out of nature love and affection for the Donee, of his own free will and

without any pressure, undue influence or coercion and without any monetary consideration, doth hereby transfer, convey, assign the said property with super-structures, along with all the freehold rights, title, interest, easements and privileges along with sanitary and electrical installations, fixtures and fittings whatsoever appurtenant to the said share of the said property TO HAVE AND TO HOLD the same unto the Donor, absolutely and forever.

(2) That the aforesaid Donor assures the Donee that the said property hereby gifted is free from all sorts of encumbrances such as prior sale, gift, mortgages, and disputes etc.

(3) That the said property is already in possession/will be put on possession of the Donee the Donor has delivered proprietary rights and actual and physical/constructive possession of the said property to the Donee by this Deed.

(4) That the Donee will pay electricity, water, house tax bills or any other dues and demands of the concerned authority in respect of the said property from the date of execution of this gift deed.

(5) That the value of the said property had been assessed by the guideline value register Rs.___________/- the stamp duty has been paid according provisions of the law, the value set forth in this Deed is absolutely fair. No monetary transaction had taken place.

(6) That now the Donor admits that he had been left with no right, title, interest or concern of any nature whatsoever in the said property and the Donee has become the absolute owner of the said property by this Deed, who shall be fully competent to use and enjoy the said property or transfer or alienate the same to anyone by way of sale, gift, mortgage, lease or otherwise to anyone in the manner he likes, as permissible by law, without any claim, demand and objection by the Donor and his other heirs and successors.

(7) That the Donor will get the said property transferred, mutated and assessed in the name of the Donee in the Records of Local bodies, electricity board, water board or any other concerned authority, otherwise also the Donor can get his own name so entered on the basis of this Gift Deed.

Village name:	Consideration
document type:	R.S.No.
Total Area:

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IN WITNESS WHEREOF, the Donor and the Donor have signed this Gift Deed at ............................................. (Name of the place), on the date first mentioned above in the presence of the following witnesses.

WITNESSES:-
1. (Name, father’s name, address)

DONOR

(Name , father’s name, address)

DONEE

Village name:	Consideration:
document type:	R.S.No.:
Total Area:

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WITNESSES 1: sign
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WITNESSES 1

WITNESSES 1: sign
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WITNESSES 1

Village name:	Consideration
document type:	R.S.No.
Total Area:

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