Gift Deed

A deed of gift recording the voluntary transfer of property without consideration, with acceptance by the donee.

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Details

Donor name & address

Donee name & address

Relationship

Description of property / gift

Date

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Preview

Drafting aid. A gift of immovable property must be made by a registered instrument and attested by two witnesses (s.123 Transfer of Property Act); stamp duty applies and varies by state (concessional for close relatives in many states). Gifts to non-relatives may be taxable u/s 56(2)(x). Register and stamp before relying on this deed.