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Gift
Download India-focused gift deed templates for immovable and movable property, conditional and revocable gifts, family transfers, charity, and purpose-specific gifts.
Quick Overview
All templates are provided for reference and should be reviewed by legal professionals before use.
Frequently Asked Questions
Common questions about Gift legal templates
What is a gift deed and when is it used?
A gift deed is a legal document to transfer movable or immovable property voluntarily without consideration, commonly used for family transfers, charity, or specific-purpose gifts.
Is registration compulsory for gift of immovable property in India?
Yes, a gift of immovable property must be executed on stamp paper and registered with the sub-registrar, with applicable stamp duty and registration fees as per state law.
What are the essentials of a valid gift deed?
Essentials include clear donor and donee details, voluntary transfer without consideration, description of property, acceptance by donee during donor’s lifetime, and delivery of possession where applicable.
Can a gift deed be conditional or revocable?
Yes, a gift can include lawful conditions and, if expressly reserved, can be revocable upon specified events; otherwise, gifts are generally irrevocable once accepted.
What stamp duty applies to gift deeds?
Stamp duty varies by state and relationship between parties; many states offer concessional duty for gifts to specified relatives, while charity or trust gifts may have different rates.
How is a gift of property subject to mortgage handled?
The deed should disclose the existing mortgage; the donee typically takes the property subject to the encumbrance, and liabilities or indemnities should be clearly allocated.
Are there templates for gifts to family members?
Yes, the collection includes gifts to spouse, children, daughters-in-law, grandchildren, co-heirs, and life-interest arrangements for maintenance.
Can movable assets like money, shares, or goodwill be gifted?
Yes, templates cover gifts of money, household effects, book debts, shares by declaration of trust, and goodwill or trademarks of a business.
Do Muslim law gifts (Hiba) require registration?
A Muslim gift of movable/immovable property can be valid by offer, acceptance, and delivery of possession; however, registration may still be advisable for immovable property to evidence title.
Can a gift be made for a specific charitable purpose?
Yes, purpose-specific gifts (temple, hospital, orphanage, public utility) can be drafted with conditions, reversion clauses, and compliance with trust and charity laws.