Gift To Son Legal Draft Template
| Category | Agreements Gift |
| Format | |
| File name | Gift to Son |
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Industry-standard template for reference. Adapt it with DraftPilot (AI copilot), compare clause-by-clause in our comparison workspace, or download and edit offline. Consult a qualified advocate before filing or execution.
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This
Deed of Gift is made on.day ofbetween Mr
s/or/o.(hereinafter called the Donor) and
Mrs/o..r/o(hereinafter called the Donee).Whereas
the donor is an old man of years of age, having a wife, one son (the donee)
and one daughter.Whereas
the donor has married his daughter Mrs.to
Mr.s/o..r/o.belonging to a well off family owning large
chinks of property and as such she has sufficient means of livelihood is being
looked after by her husband in a dignified manner.Whereas
the donor has already taken care of the maintenance and livelihood of his wife
Smtvide gift deed dated.and .executed by the donor bestowing upon his
wife one house at .City..and two shops numbering ..situated at
CityWhereas
the donor apprehends some property disputes among his wife and children after
his death, hence the donor is desirous to execute a gift deed in respect of his
house situated at .more precisely described in the schedule annexed hereto,
in favour of his son (the donee).Now
This Deed of Gift Witnesses As Follows:1.
That the donor does, hereby, out of his natural love and affection for his only
son, of his free will and without any force, compulsion or undue influence and
with a keen desire to see the donee settled and well established in his life,
grant, convey and transfer by way of gift to the donee his one bungalow and
three Flour Mills (Particulars of which are precisely stated in the schedule
annexed hereto). To hold the same unto the said donee and his successors or
heirs absolutely and fore ever.2.
That the value of the property, described in the schedule, at present, is Rs3.
That the donee accepts the gift and takes the delivery of the possession of the
entire property so mentioned in the schedule thereto.4.
In proof whereof the donor/executant puts his signature to this deed of gift on
the day, month and year first above noted.ScheduleSd/-Donor.Sd/-DoneeWitnesses
:1.
..2.
..