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Gift Drafting in Delhi & Noida
A gift is a common mode of transfer of property. It is the transfer of certain existing movable or immovable property by one person to another. The transfer should be made voluntarily and without consideration. The person transferring the property is called the Donor. The person to whom the property is transferred is referred to as the Donee. The donee must accept the property during the lifetime of the donor and while he is still capable of giving. In case the donee dies before acceptance, the gift is void.
A gift must be given without anything in return, if money is given in return it will become a sale and if something else is given in return it will become an exchange. Drafting a Gift Deed can only be made of existing property movable or immovable property, future property cannot be given as a gift.
A gift can be absolute or limited. If it is an absolute transfer there is complete ownership of the property by the donee. However, in a limited transfer there is only a life interest created, the property revert backs to the donor heirs after the donee’s death.
Registration – A deed which intends to gift an immovable property must be compulsorily registered.
Easydrafting.in role in providing Gift Drafting:
- PLACE NOIDA
- PREPARATION TIME 1 day after we receive the details for preparing the gift drafting
- VALUE OF THE STAMP PAPER Depends upon the nature of gift (Will be provided by us)
- NOTARY Required (Will be provided by us)
Easydrafting.in specializes in drafting of affidavits, Rent agreement, different contracts & agreements and has an expert team of professionals including Lawyers, Company Secretaries and drafting experts.
The main aim of easy drafting is to draft and provide the document without any hassle which we face in our day to day life while dealing with legal matter. We at easy drafting make this process friendly and provide desired documents and advise to the end user effortlessly and at minimum cost.