This Deed of Gift is made
on……….day of…………between Mr………… s/o……………r/o………….(hereinafter called the Donor)
and
Mr………………s/o………………..r/o……………………………(hereinafter
called the Donee).
Whereas the donor is an old
man of ……… years of age, having a wife, one son (the donee) and one daughter.
Whereas
the donor
has married
his daughter
Mrs…….to
Mr……………….s/o………………..r/o……………….belonging
to a well off family owning large chunks of property and as such she has
sufficient means of livelihood is being looked after by her husband in a
dignified manner.
Whereas
the donor has already taken care of the maintenance and livelihood of his wife
Smt………vide gift deed dated……….and ………….executed by the donor bestowing upon his
wife one house at …………….City…………..and two shops numbering ………..situated at
………City…………
Whereas
the donor apprehends some property disputes among his wife and children after
his death, hence the donor is desirous to execute a gift deed in respect of his
house situated at ………….more precisely described in the schedule annexed hereto,
in favour of his son (the donee).
Now
This Deed of Gift Witnesses as Follows:
1.
That the donor does, hereby,
out of his natural love and affection for his only son, of his free will and
without any force, compulsion or undue influence and with a keen desire to see
the donee settled and well established in his life, grant, convey and transfer
by way of gift to the donee his one bungalow and three Flour Mills (Particulars
of which are precisely stated in the schedule annexed hereto). To hold the same
unto the said donee and his successors or heirs absolutely and fore ever.
2. That
the value of the property, described in the schedule, at present, is Rs………
3. That
the donee accepts the gift and takes the delivery of the possession of the
entire property so mentioned in the schedule thereto.
4. In
proof whereof the donor/executant puts his signature to this deed of gift on
the day, month and year first above noted.
Schedule
Sd/-
Donor………………….
Sd/-
Donee…………………
Witnesses:
1. ……………..
2. ……………..
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