DEED
OF GIFT FOR THE PURPOSE OF RUNNING
AN ORPHANAGE[CD1]
THIS DEED OF
GIFT is made on this day of
BETWEEN
Sh.
s/o Sh.
r/o (hereinafter
referred to as "the donor") AND
,
a charitable organization registered as a society under the Society Registration Act, 1860 (hereinafter referred to as
"the donee")
WHEREAS
1. The
donor is the owner and is absolutely seized and possessed of the building
situated at………………………………..
2. The donee is charitable organization
engaged in running an orphanage in a building which is adjacent to the said
building belonging to the
donor.
3. The
donee needs extra space to accommodate more orphan children
and has requested the donor to grant to the donee one-half portion of
the said building (as described in Schedule II annexed hereto).
4. The donor has agreed to grant the
one-half portion of the said building for utilizing the same for the sole purpose of running the orphanage.
NOW THIS DEED WITNESSES AS FOLLOWS:
1. In pursuance of said agreement the
donor hereby transfers to the donee ALL that one-half portion of the said building (as described in Schedule II
annexed hereto) To Hold the same to the donee
and its successors and assigns so long as the donee shall use the said building
for the sole purpose of running the orphanage.
2. The donee hereby accepts the said gift
and agrees with the donor that the said building shall be used for the sole purpose of running the orphanage and if, at
any time hereafter, the donee ceases
to use the said building for purposes other than of running the orphanage the
same shall revert to the
donor and his heirs, executors and assigns.
IN WITNESS WHEREOF, the donor and the donee hereunto have
signed this deed this day
of……………….
WITNESS:
1.
………………………….. 2.
………………………….. |
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