WHEREAS: a.       The DONEE is the brother of the DONOR.
b.      The Donor is absolutely possessed of large sum of money and which are his self-
acquired and/or owned property.
c.       In consideration of natural love and affection which the DONOR bears towards the
DONEE, the DONOR out of his own free will and accord was desirous of making a
gift of Rs. ________________ (Rupees ________________ only) and which is duly
gifted by Donor to the Donee in manner appearing hereinafter;
d.      The DONEE has accepted the said gift by executing these presents in testimony
hereof; and
e.       The fact of the said gift is recorded herein.
NOW THIS INDENTURE WITNESSETH THAT for effectuating the aforesaid
desire and in consideration of natural love and affection which the DONOR bears
towards his brother the DONEE, the DONOR doth hereby grant, transfer, convey and
assign by way of gift a sum of Rs. _____________ (Rupees _________________
only) as described in the Schedule hereunder written unto the DONEE TO HOLD the
same unto and to the exclusive ownership and use of the DONEE forever absolutely
AND the DONOR doth hereby represent, warrant and covenant with the DONEE
THAT he the DONOR has good right, full power and absolute authority to pay and
gift the said amount unto and to the use of the DONEE in the manner aforesaid AND
IT IS DECLARED AND CONFIRMED THAT the DONEE has become the absolute
owner of the said amount of Rs. ___________________ (Rupees
____________________________ only) and the Donor has ceased to have any
beneficial right, title or interest in the same.
IN WITNESS WHEREOF the DONOR having gifted and the DONEE having
accepted the said gift, have put their respective hands the day and year
hereinabove written.
SCHEDULE ABOVE REFERRED TO: (amounts paid by the Donor to the Donee by way of GIFT)
Sr. No. Date Cheque No. Drawn on Amount
1.
2.
3.
Total
IN WITNESS WHEREOF the DONOR having gifted and the DONEE having
accepted the said gift, have put their respective hands the day and year
hereinabove written.
SIGNED AND DELIVERED by the within named A B C, the DONOR abovenamed,
in the presence of
______________________________________________
SIGNED AND DELIVERED by the within named X Y Z the DONEE abovenamed,
in the presence of
_________________________________________________

Using this format

This is a reference draft reproduced for study and adaptation. Court rules, court fees and the correct forum vary with the facts and the value of the claim, so have the document checked and filed by an advocate. A defective application can be returned or dismissed even when the case itself is good.

Our Property & Registration team drafts and files these documents before the Calcutta High Court, city civil courts, magistrate, family and consumer courts in Kolkata. We draft, stamp and register property documents in Kolkata.

Disclaimer: this page is a sample format reproduced for reference and study. It is not legal advice and does not create an advocate–client relationship.

Gift Deed with Respect to Money: Draft & Format

Using this format

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