Description
A gift certificate is a legal document that documents and specifies the transfer of movable or immovable property from the donor (giver) to the donor (receiver) without any exchange of money. The "gift" must be a well-defined movable or immovable property and must be transferable.
What's Inclusive
(a) Introduction call. A 15-minute phone call to meet your representative and think about how you're going to work together.
b) The list of documents needed will be shared.
(c) the checking of the papers.
(d) Drafting of the Gift Deed and handling the necessary paperwork.
What isn't included
(a) Registration of Gift Deed.
You may want to know, too
A) What's the Gift Deed?
A Gift Deed is a legal document detailing the voluntary transfer of properties to someone else without any monetary exchange. The transfer may be made either to a individual or to an institution; however, it should be approved by the recipient during the life of the donor and should also be registered.
b) What are the specifics used in the Gift Deed?
A Gift Deed includes the following details:
a) the date and place where the deed is registered.
b) Donor's particulars (Alias, Date of Birth, Title and Address of the Father).
c) The specifics of the Donee (Age, Age of the Beneficiary, Date of Birth and Relationship with the Donor).
d) The relationship between Donor and Donee.
e) Elucidation of the gifted house.
f) The signatures of both Donor and Donee.
g) The description of the two witnesses present at the time of the transfer of land.
h) The signature of the witnesses.
c) What is the process for canceling a Gift Deed?
A Gift Deed can be revoked if it satisfies the following conditions:
(a) There is reciprocal understanding between the Donor and the Donee that the deed should be revoked.
b) The property transfer case was based solely on the will of the Donor and the Donee was not willing to accept the asset.
(c) The circumstance is not unconstitutional, repugnant and unethical to the estate produced under the Gift.