Whether for business purposes or for individual affairs, everyone has to deal with legal situations at some point in their life. Completing legal papers demands careful attention, starting with selecting the appropriate form template. For instance, when you select a wrong edition of a Gift Deed Form Blank For India, it will be turned down when you submit it. It is therefore important to get a dependable source of legal files like US Legal Forms.
If you need to obtain a Gift Deed Form Blank For India template, follow these simple steps:
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A Gift Deed in India comes under the Transfer of Property Act, 1882. Under this act, the transfer of immovable property as a gift must be made through a registered gift deed, which should be undertaken at a local sub-registrar after paying the applicable stamp duty and registration charges.
This deed of Gift is executed on ________ day of ______________ month _____________ year by Sri./Smt. __________________________, S/o./ W/o. _______________________, occupation____________________, and aged__________ year residence at ______________________________ _______________________ .
You may create a Deed of Gift in India online through the Legal Docx in a very little fees/price and you can get it delivered in home (Home delivery in Selected States Only).
Both parties should mention all relevant information like address, name, date of birth and signature. A gift deed should have two witnesses and their signatures. A gift deed should be printed on stamp paper once the amount is paid. Once that is done, it should be registered at the registrar's or sub-registrar's office.
Ing to Section 122 of the Transfer of Property Act, a gift of immovable property must be made in writing, signed by the donor, and registered with the Registrar of Sub-registrar's Office. A gift of movable property, on the other hand, can be made orally or in writing, and no registration is required.