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 ofSri./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 soleand 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