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The Ultimate Guide
Sell or Buy Property with Zero Worries

A Gift Deed is your Official “I’m giving this to you, forever” document. It’s how you transfer Ownership of movable or immovable property (House, Land, Gold, Stocks) to Family or Anyone, without Selling. Done right, it’s irrevocable, tax-efficient, and keeps the peace in your Family for generations. In India, a simple “I gifted it” won’t hold up in court. A registered gift deed? That’s your bulletproof proof.

But legally speaking, a Gift Deed is a legally binding document that facilitates the Transfer of Ownership of assets or property from one individual to another without any Monetary Consideration. In this process, the person gifting the asset is known as the "Donor," and the recipient is called the “Donee." This voluntary transfer formalizes the Donor's intention to pass property rights as a gift, commonly used for Immovable Property, Cash, or other valuables. The Gift Deed serves to officially document the Transfer, safeguarding the rights and interests of both parties involved. At Growthify, we leverage cutting-edge technology to simplify the preparation and execution of Gift Deed documents. Our platform ensures that each deed is tailored precisely to your specific requirements while adhering to applicable laws and regulations, such as India’s Transfer of Property Act. By automating and streamlining this process, Growthify eliminates the traditional challenges of drafting complex legal documents, making gift transfers swift, accurate, and hassle-free.

Gift Deeds are essential for legally transferring property ownership without monetary exchange, protecting the rights of both donor and donee. Growthify’s technology-driven platform provides customized, legally compliant Gift Deed drafts, managing the entire process from drafting to registration assistance with ease. Our efficient system saves you time and reduces complexity, serving individuals and families alike.

Types of Property For Gift Deed
Gift Deeds vary by the type of property involved, each requiring specific legal considerations to ensure a clear and effective transfer
01

Pick Your Mortgage Match

Movable Property

A Gift Deed for Movable Property allows an individual (Donor) to voluntarily transfer ownership of movable assets such as cash, jewelry, vehicles, shares, or personal belongings to another individual (Donee) without any monetary consideration. This transfer is governed by the Transfer of Property Act, 1882, and becomes valid once the donee accepts the gift during the lifetime of the donor.

02

The Silent Mortgage Power Move

Immovable Property

This type is for Transferring Ownership of real estate such as land, houses, apartments, or agricultural land. Registration of the gift deed is mandatory for immovable property, and stamp duty must be paid. Each type of Gift Deed must comply with applicable legal provisions, including the Transfer of Property Act, stamp duty, and registration regulations. Growthify’s technology-driven platform delivers customized Gift Deed drafts, providing a reliable and adaptable solution to meet your specific property transfer requirements.

GIFT DEED PROCESS
The registration of a Gift Deed is a crucial legal process that confirms the transfer of ownership and protects the interests of both donor and donee
1. Preparation of Gift Deed

We assist you in drafting a comprehensive Gift Deed, incorporating all necessary clauses in accordance with Indian laws such as the Transfer of Property Act, Indian Stamp Act, and relevant state regulations to ensure a legally sound document tailored to your specific property transfer.

2. Stamp Duty for immovable Property Payment

Growthify’s legal experts review your immovable property details to accurately determine the applicable stamp duty as per state-specific regulations, guiding you through the payment process to ensure full compliance and document validity.

3. Scheduling Registrar Visit

Our team coordinates with you to book the necessary appointment at the correct Registrar or Sub-Registrar office based on the nature and location of the gifted property, ensuring all jurisdictional requirements are met seamlessly.

4. Signing by parties and witnesses

Both the Donor and Donee, along with at least two witnesses, sign each page of the Gift Deed to authenticate the transfer. Growthify’s platform guides you through this to avoid any procedural delays.

5. Verification and Registration

At the Registrar’s office, officials verify the Gift Deed and related documents, confirm the stamp duty payment, and complete the registration process.

Essential Clauses in a Gift Deed
At the Registrar’s office, officials verify the Gift Deed and related documents, confirm the stamp duty payment, and complete the registration process.

01

Title and Introduction Clause

Identifies the document as a Gift Deed and specifies the date, place of execution, and names of both parties the Donor and the Donee along with their age, address, and relationship.​

02

Recital Clause

Explains the circumstances under which the donor acquired the property, the relationship between the parties, and the intention to gift the property voluntarily out of love and affection, without monetary consideration.

03

Consideration Clause (Voluntary Transfer Clause)

Declares explicitly that the transfer is without any consideration, distinguishing it from a sale or exchange. The donor affirms that the gift is given voluntarily and not under pressure or coercion.

04

Description of Property Clause

Provides a comprehensive and accurate description of the asset being gifted, including details such as its address, boundaries, survey number (for immovable property), or identifying details (for movable property like a car, jewelry, or shares)

05

Ownership and Title Clause

States that the donor is the absolute and lawful owner of the property and has full rights to gift it. It should indicate that the property exists at the time of transfer and that no third-party rights exist.

06

Transfer and Possession Clause

Mentions that possession has been handed over to the donee along with ownership through the gift deed, completing the gift as per law.

07

Acceptance Clause

Specifies that the donee has willingly accepted the gift during the lifetime of the donor, making the transfer legally complete. If acceptance is not stated, the gift becomes void under Section 122 of the Transfer of Property Act.

08

Indemnity and Warranty Clause

Protects the donee from future claims by affirming that if any legal defect or third-party dispute arises, the donor shall indemnify the donee.

Documents Required for a Gift Deed
The process is straightforward. You will need
Essential documents required for Sale Deed include but not limited to
  • Property documents (sale deed, khata certificate, encumbrance certificate)
  • Aadhaar and PAN cards (for both donor and donee)
  • Two passport-sized photographs each
  • Proof of relationship (to claim tax exemption, if applicable)
Everything You Need to know about Gift Deed
01 Can a registered gift deed be revoked?
Revocation is possible only under limited circumstances:
1. If the deed was executed under fraud, coercion, or misrepresentation.
2. If a conditional clause was included (e.g., “revocable if the donee fails to provide care”).
Once registered and accepted unconditionally, the gift is irrevocable.
Recommendation: Include a revocation clause during drafting if there is any uncertainty.
02 Can property be gifted to a minor (e.g., a grandchild)?
Yes, but it must be accepted on their behalf by a natural guardian (parent) or court-appointed guardian. The minor assumes full ownership and control upon attaining the age of 18.
03 What if the intended recipient refuses the gift?
The donee may refuse in writing, rendering the gift deed void. We include a standard refusal clause to facilitate a smooth process and avoid complications.
With Growthify, your Gift Deed is accurate, secure, and ready quickly.
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