Gift Deed
A Gift Deed is a legal document that describes the voluntary transfer of gift from a donor (owner of property) to a donee (receiver of gift) without any exchange of money. Customisable and ready for use in under 5 minutes.Document Overview
Though it is not compulsory to execute a gift deed while gifting any asset, they are useful for making the gift-giverโs intentions clear to those who believe they have a claim to the property at hand. It acts as evidence of the transfer, potentially reducing the number of misunderstandings as to who owns the property. A gift includes any tangible property that can be transferred.
Use this Gift Deed if:
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You want to create a valid and documented record of the movement of goods or property.
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You wish to legally transfer ownership from one party to another.
What does this Gift Deed Cover?
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Records the gift of goods or property
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Follows terms and conditions such as ensuring the property has no existing claims
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Description of goods or property being transferred
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Transfers ownership and responsibility of the property
Further information:
