Gift Of Property For Specified Purpose Legal Draft Template

This

Agreement of Gift is entered into between Mr. X son of .. R/o .

(hereinafter called the donor) and Mr.. son of.. R/o. Doctor by

Profession (hereinafter called Donee) on .Whereas

the donee is running a charitable private Nursing Home providing medical

facilities to scheduled castes and poor patients of any caste and community.Whereas

upon donees request the donor has agreed to transfer a plot of land measuring

Square Yards situated at ... and numbering as Nursing

Home for the purpose of Constructing an Annexe, fully equipped with 100 beds,

to the aforesaid Nursing Home without any consideration.The

Donor And The Donee Hereby Agree With Each Other As Follows.1.

That in furtherance of his intention to donate the aforesaid plot in

pursuance of the aforesaid agreement and in consideration of the aforesaid

charitable purpose, the donor does, hereby transfers, gives and conveys the

aforesaid plot to the donee, valued at present, at RsTo Hold the said

plot unto the said donee or his successors, running the aforesaid charitable,

Nursing Home as long as the said plot shall be used for the purpose for which

it has been donated or so long as the purpose of the Nursing Home remains

charitable of Scheduled Castes and poor patients.2.

That the Donee does, hereby, accept the gift subject to the condition

that if the aforesaid plot is used for any other purpose than for which it is

donated or if the purpose of the Nursing Home ceases to be charitable treatment

of Scheduled Castes and poor patients, the said plot shall revert back to the

donor or his heirs as the case may be.In

witness whereof, we have signed this deed of gift on ...Sd/-Donor..Sd/-Donee..WITNESSES:1.2.