DEED OF GIFT OF COMMERCIAL SPACE

DEED OF GIFT OF COMMERCIAL SPACE

With respect to :  One commercial space measuring ____________?

Situates at ______________________(Address with pin code)

(part of Building No/Stall No. _____________)

 P.S.             :         _________________

 DIST. :         ____________________.

 

                                                               

THIS   DEED   OF   GIFT    IS   MADE   on   the ______ DAY of ______MONTH ________YERA ,  AT _____________(Name of Place) .

 

 

 

                                                                              B E T W E E N

 

Sri/Smt. ________________ , Son/Daughter/wife of ______________________ ,by religion ___________(Religion Name), by occupation _____________,   resident   of   _________________________(Address with pin code), P.S. _____________, Dist. _______________- hereinafter  called  the ?DONEE? (Which  expression shall mean and include unless excluded by or repugnant to the context her heirs, executors, successors,   legal    representatives,  administrataors   and   assigns)   of   the   ONE PART

 

                                                                                 - A  N  D -

 

Sri/Smt  _____________________,  son/wife/daughter  of  __________________ ,  by  religion  _____________, by Occupation  _________________, resident  of  ______________________(Address with pin code), P.S. _________________, Dist. ____________________-hereinafter called the ?DONOR? (Which expression shall mean and include unless excluded by or repugnant to the context his heirs, successors, legal representatiaves, administrators and assigns) of the  OTHER PART.

 

WHEREAS the Donor hereof became the absolute owner and entered in actual physical possession of  a building/shop premises/stall measuring ________________ situates at _____________________(Address with pin code), P.O. _____________ &  P.S. _____________, Dist- ______________ and carrying on his buiness in the said premises since a long time  and  as such  the Donor hereof acquierd permanent, heritable and transferable right, title and interest therein free from all encumbrances and charges whatsoever.

 

 

 

                                                                                      -A N D-

 

WHEREAS the Donee is the nearest and dearest relation of Donor hereof and Donee is the ____________(Name of relation) of Donor?s  _______________( Name of relation)   and the Donor has deep love and affection for the Donee and in consideration of such deep love and affection which the Donor has for the Donee, the Donor has decided to make absolute gift of   commercial  space measuring _____________ out of his stall / commercial  space measuring _______________ situates at ________________________(Address with pin code) as fully described in the schedule below unto and in favour of Donee who has also agreed to accept the said Gift.

 

NOW THIS INDENTURE WITNESSETH that in pursuance of the aforesaid desire and decision of the Donor and in consideration of deep love and affection which the Donor has for the Donee, the Donor, out of  his free will and without any fear, fraud, coercion, pressure or undue influence from any body whatsoever, DOTH hereby give, grant, bestow upon and transfer by way of absolute gift his (Donor?s) said below scheduled  commercial  space  as fully described in the schedule below together with all his right, title, interest, hereditanents, liberties, easements, trees and  fences etc. Whatsoever in any way belonging to or reputed to belong therewith and make over possession thereof unto and infavour of the Donee free from all encumbrances and charges whatsoever TO HAVE AND TO HOLD said below scheduled  commercial space  as absolute owner thereof, peaceably and quietly, with permanent, heritable and transferrable right and without any claim, objection, interference or interruption from the Donor or any person or peresons claiming under him,.                                                      

The Donor declares that he has not previously transferred his below scheduled commercial space in any way whatsoever in favour of any other person or party nor he has created any lien, lease, mortgage, encumbrances, contract for sale or otherwise in favour of any other  person or party respecting the below scheduled  commercial space hereby transferred by way of gift in favour of the donee hereof.

 

The Donor further declares that he shall not, in future, revoke / Cancel this Gift and / or this Deed of Gift and that any such act or attempt in future by the Donor shall be void and not maintainable in law.

 

That  the  Donor  gifted the below  scheduled  commercial space to the Donee for the purpose  of doing any kind of business therein .

 

That the  Donor hereby declares that he shall pay  holding taxes, Electricity bill and other incidental expenses  in respect  of below scheduled  commercial space  for  whole life and the donee is not liable to pay any such expenses.    

 

 

                                SCHEDULE  OF  COMMERCIAL  SPACE   hereby Transferred by way of Gift :

 

All that  one commercial space measuring ______________out of a shop/stall / commercial space measuring _____________ ( Shop/Building/Stall No  _________)  situates at ______________________________(Address with pin code), P.O _____________  & P.S. _________________, Dist- _________________   and  the said  space of  _____________ is situates on the left  side  front  portion of said  commercial space of  donor  within ___________________________(Block/Corporation), Police station, Sub Division and Registry office at ____________, District- _______________.

 

 

IN WITNESS WHEREOF the Donor, in good health and concious mind has set and subscribed his hand on this Deed of Gift at ____________ on the day, month and year first above written.

 

 

Witnesses :     

 

                                                                                             ____________________

                                                                                                                                           Signature of Donor

 

 

                                                                                                                        I accept the Gift

 

 

                                                                            ____________________

                                                 Signature of Donee

 

                                                                   Drafted, readover, explained 

                                                                   and Printed in my office

                                                                                                         

 

                                                                                                                      Advocate, ____________(Name of place)

 

 

 

 

 

 

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