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How to form a gift deed as a sample template
Typology: Cheat Sheet
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Particulars Amount Paid GRN/ Transaction Id Date Deface No. Stamp Duty Rs. 1500/- HP98877886543434R 16/09/2018 000980002345675 Transfer Duty Rs. 1000/- HP00997755645324R 16/19/2018 000980002345675
This deed of gift is executed on 11th^ day of October, 2018 by Sri. Hemant Kumar Sharma, S/o. Sri. Basant Kumar Sharma, Age: About 60 years, Occupation: Business, PAN: AOSRD5645R, UID: 456555767575, Residing at: Ram Niwas, PO Chargaon, Vill. Jubbal Distt. Shimla, Himachal Pradesh 171205, hereinafter called the DONOR. In favour of Smt. Rekha Sharma, D/o. Sri. Shivdayal Kumar Sharma, Age: About 35 years, Occupation: JBT, PAN: UIGFB6767P, UID: 786788998912, Residing at: Block No. 18 Set No. 18/1, Type IV G.F. Nabha Estate, Shimla Himachal Pradesh 171003, hereinafter referred to as the DONEE. Whereas, the term Donor and Donee unless repugnant to the context shall mean and include their representative heirs, successors, executors, administrators, trustees, legal representatives and assigns. Whereas, the term Donor and Donee unless repugnant to the context shall mean and include their representatives, hers, successors, executors, administrators, trustees legal representatives and assigns. Whereas, the Donor herein, is the sole and absolute owner of immovable property bearing No.1376/88 known as Rajendra Palace situated at Jubbal Distt. Shimla, Himachal Pradesh, 171205 described in the schedule hereunder written and herein after called the schedule property. Whereas, the Donor is the absolute owner, having acquired the property, by 12th^ day of December, 2018 and since then Donor has been in possession and enjoyment of the schedule property and paying taxes and levies thereon, as sole and absolute owner thereof. Whereas the Donee is related to the Donor as his niece. Whereas the Donor desires to grant the said land and premises described in the schedule written hereunder and hereinafter
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referred as scheduled property to the Donee as gift in consideration of natural love and affection subject to the condition herein after mentioned.
NOW THIS DEED WITNESSETH that the Donor, without any monitory consideration and in consideration natural love and affection which the Donor bears to the Donee hereby grant and transfer by way of gift, the scheduled property situated at Jubbal Distt. Shimla, Himachal Pradesh, 171205 together with all the things permanently attached thereto or standing thereon and all the liberties, privileges, easements and advantages appurtenant thereto and all the estates, rights, title, interest, use, inheritance, possession, benefits, claims and demand whatsoever of the Donor TO HAVE AND TO HOLD the same unto the use of the Donee absolutely but subject to the payment of all taxes, rates, assessments, dues and duties now and here after chargeable thereon to the Government or local authorities.
Whereas the Donor hereby covenant with the Donee;
(a) That the Donor now has in himself, absolute right, full power, and absolute authority to grant the said scheduled property hereby granted as gift in the manner aforesaid.
(b) The Donee may at all times herein after peacefully and quietly enter upon, take possession of the scheduled property and enjoy the said scheduled property as he deems fit without any interruption, claim or demand whatsoever from or by the Donor or his heirs, executors, administrators and assigns or any person or persons lawfully claiming or to claim by from under or in trust for the Donor.
(c) AND FURTHER that the Donor and all persons having or lawfully claiming any estate or interest whatsoever to the said scheduled property and premises or any part thereof from under or in trust for the Donor or his heirs, executors, administrators and assigns or any of them shall and will from time to time and at all times hereafter at the request and cost of the Donee do and execute or cause to be done and executed all such further and other acts, deeds, things, conveyances and assurances in law whatsoever for better and more perfectly assuring the said scheduled property and every part thereof unto and to the use of the Donee in the manner aforesaid as by the Donee his heirs, executors, administrators and assigns or counsel in law shall be reasonably required.
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Name : Osho Jain Name : Prateek Kuhad UID : 776685943256 UID : 983256668789 Address : Flat no. 2004, 20th^ floor, H block Nabha estate, Shimla, Himachal Pradesh, 171003
Address : Flat no. 32, 3rd^ floor, H block, type 3, Nabha estate, Shimla, Himachal Pradesh, 171003 Signature : OshoJain_ Signature : KuhadSPrateek.
The document is presented on line for registration, in the office of Joint S.R. Mumbai 6 on 11/10/2018.
All the parties to the instrument have executed the instrument, and admitted the same, in presence of the parties identifying them. This document is registered on Sr. No. 151 on 12/10/