GIFT DEED
Consideration Value
RS.________/-
Stamp Duty Rs. _______
Corporation Tax Rs. _______
Total Rs. _______
This
Gift Deed is executed at New Delhi
on this
_____ day of
________________________, by and between Sh. _______ S/o ______R/o
_____hereinafter called the "DONOR",
AND/IN FAVOUR OF
Sh. _______ S/o ______R/o _____hereinafter called
the "DONEE".
The expression "Donor" and "Donee" herein
used shall mean and include them, their, heirs, successors, legal
representatives, administrators, nominees and assignees.
And
Whereas the Donee is the real
daughter-in-law of the Donor
and out of her love and
affection for the Donee,
the Donor has agreed to transfer the said share
of the said property. i.e. 1/2
(one-half) undivided share in the
Entire Freehold Built-up
Property bearing No. ____,alongwith 1/2
(one-half) undivided, indivisible
and impartible ownership rights in the freehold land underneath measuring 190 square yards,
(hereinafter referred to as "THE SAID
SHARE OF THE SAID
PROPERTY") by way of Gift to the
Donee, which has been accepted by the Donee.
NOW THIS GIFT DEED WITNESSETH AS UNDER :-
1)
That the aforesaid Donor out of natural love and affection
for the Donee, of her own free will
and without any pressure, undue
influence or coercion from any side and
without any monetary consideration,
doth hereby transfer, convey, assign
the said share of the said property
with super-structures, alongwith all the freehold rights, title, interest, easements and privileges alongwith sanitary
and electrical installations,
fixtures and fittings whatsoever
appurtenant to the said share of the
said property TO HAVE AND TO HOLD the
same unto the Donee, absolutely and forever.
2)
That the aforesaid Donor assures the
Donee that the said share of the said property hereby gifted is
free from all sorts of encumbrances such as prior sale,
gift, mortgage, and disputes etc.etc.
3)
That the said share of
the said property
is already in possession of the
Donee and this fact is hereby again confirmed
by the Donor, the
Donor has delivered proprietary rights and symbolic
possession of said share of the said
property to the Donee by this Deed.
4) That
the Donee will pay electricity, water,
house tax bills or any other dues and demands of the
concerned authority in respect of the said share of the said property.
5)
That the Value of the said share of the said property
has been assessed by the Valuer at Rs.
________/- the stamp duty has been paid according to law, the
value setforth in this
Deed is absolutely fair.
No monetary transaction has taken
place.
6)
That now the Donor admits that she has been left with
no right, title, interest or
concern of any
nature whatsoever in the said
share of the said property and the Donee has become the absolute owner of
the said share of the said property by this Deed, who shall be fully
competent to use and
enjoy the said share of
the said property
or transfer or alienate the same to anyone by way
of sale,gift, mortgage, lease or otherwise to anyone in
the manner she likes, without any claim, demand and
objection by the Donor and her other heirs and successors.
7) That
the Donor will get the said share of the said property transferred, mutated and assessed in the name
of the Donee in the
Records of MCD, BSES
Rajdhani Power Limited, DJB or
any other concerned authority, otherwise also the Donee can get her own name
so entered on the basis of this Gift
Deed or its certified true copy.
IN WITNESS WHEREOF, the Donor and
the Donee have signed this
Gift Deed at New Delhi, on
the date first mentioned above in the presence of the
following witnesses.
WITNESSES
:-
1.
DONOR.
2. DONEE.
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