Model Format of Deed of Conditional Gift

Model Format of Deed of Conditional Gift

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Deed of Conditional Gift
Deed of Conditional Gift

This Deed Of Gift is made at … this … day of … between Mr. A residing at … hereinafter referred to as ‘The Donor’ of the One Part and (1) Mr. B and (2) Mr. C residing at … and at… respectively hereinafter referred to as ‘the Donees’ of the Other Part.,

Whereas the Donor is the full owner of an immovable property consisting of land and a building thereon situate at … and more particularly described in the Schedule hereunder written.

And Where as one of the said Donees the said … is the wife of the Donor and the other Donee is the nephew of the Donor, and the Donor has no Issue.

And Whereas the Donor in consideration of natural love and affection that he bears to the Donees, desires to make a gift of the said property to them in the manner following

And Where as the market value of the said property is estimated to be Rs….

Now This Deed Witnesseth that in consideration aforesaid the Donor doth hereby grant and transfer by way of gift the said land and premises situated at … and more particularly described in the Schedule hereunder written together with all and singular the things permanently attached thereto or standing thereon. and all the rights, liberties. privileges, casements and advantages, appurtenant thereto And all the estate, right, title and Interest, use, possession, benefit, claim and demand whatsoever of the Donor To Have And To Hold the same unto and to the use of Donees as tenants-in-common in equal shares subject to the payment of all taxes, rates, assessment, due and duties now and hereafter chargeable thereon and payable to the Govt. or any local authority….

Note: This is just the part of the agreement. To get it drafted completely by legal experts, kindly contact the expert team of Aapka Consultant by clicking here

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