Deed Of Gift For The Purpose Of Running An Orphanage Legal Draft Template

DEED OF GIFT FOR THE PURPOSE OF RUNNING AN ORPHANAGE

THIS DEED OF GIFT is made on this _________ day of ___________

BETWEEN

Sh.__________________ s/o Sh.______________ r/o __________________

(hereinafter referred to as "the donor")

AND

_________________, a charitable organization registered as a society

under the Society Registration Act, 1860 (hereinafter referred to as

"the donee")

WHEREAS

1. The donor is the owner and is absolutely seized and possessed of

the building situated at _____________ (more particularly describe in

Schedule I annexed hereto).

1. The donee is charitable organization engaged in running an

orphanage in a building which is adjacent to the said building

belonging to the donor.

1. The donee is in need of extra space to accommodate more orphan

children and has requested the donor to grant to the donee one-half

portion of the said building (as described in Schedule II annexed

hereto).

1. The donor has agreed to grant the one-half portion of the said

building for utilising the same for the sole purpose of running the

orphanage.

NOW THIS DEED WITNESSES AS FOLLOWS:

1. In pursuance of said agreement the donor hereby transfers to the

donee ALL that one-half portion of the said building (as described in

Schedule II annexed hereto) To Hold the same to the donee and its

successors and assigns so long as the donee shall use the said

building for the sole purpose of running the orphanage.

1. The donee hereby accepts the said gift and agrees with the donor

that the said building shall be used for the sole purpose of running

the orphanage and if, at any time hereafter, the donee ceases to use

the said building for purposes other than of running the orphanage the

same shall revert to the donor and his heirs, executors and assigns.

IN WITNESS WHEREOF, the donor and the donee hereunto have signed this

deed this ______ day of __________ .

(The schedule I herein referred to)

(The schedule II herein referred to)

WITNESS:

|1. | THE DONOR |

|  |   |

|2. |FOR AND ON BEHALF OF THE DONEE |

| |_________________________________|

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