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    Gift Deed

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    vmrpk31
    GIFT DEED sample and process

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    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd

    Gift Deed

    Uploaded by

    vmrpk31
    5 views1 page
    GIFT DEED sample and process

    Original Title

    GIFT DEED

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    © © All Rights Reserved

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    GIFT DEED sample and process

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    5 views1 page

    Gift Deed

    Uploaded by

    vmrpk31
    GIFT DEED sample and process

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
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    GIFT DEED

    A gift deed is a legal document that transfers the ownership


    of movable or immovable property from one person to
    another without any exchange of money. The Indian
    Registration Act, 1908, governs the registration of gift deeds
    in India. A gift deed should include the following
    information:

    Details of the parties involved: The gift deed should mention


    the name, address, age, and occupation of both the donor
    and the donee.

    Description of the property: The gift deed must include a


    detailed description of the property being gifted, including
    its location, boundaries, and dimensions.

    Transfer of ownership: The gift deed should specify that the


    ownership of the property is being transferred from the
    donor to the donee as a gift, without any exchange of
    money.

    Liabilities and responsibilities: The gift deed should specify


    the liabilities and responsibilities associated with the
    property being gifted, such as any outstanding loans or
    taxes.

    Signatures and witnesses: The gift deed should be signed by


    both the donor and the donee in the presence of at least two
    witnesses, who should also sign the gift deed as witnesses.

    Once the gift deed is executed and registered with the sub-
    registrar, it becomes a legally binding document that
    governs the transfer of ownership of the property from the
    donor to the donee.

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