Gift Deed Drafting

A Gift Deed is a legal document used to voluntarily transfer ownership of movable or immovable property from one person (donor) to another (donee) without any monetary consideration. It is commonly used for property transfers within families. Our legal experts draft gift deeds in compliance with the Transfer of Property Act, 1882, ensuring all mandatory clauses are included regarding the description of the property, the donor's declaration, and the donee's acceptance. We also advise on stamp duty implications and tax consequences of the gift. The gift deed must be executed on appropriate stamp paper, signed by the donor, attested by two witnesses, and registered at the Sub-Registrar's office to be legally valid for immovable property. We guide you through the entire process.