GST Certification Course

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

The article explains how to make a gift agreement in very simple terms. This agreement of gift is executed amongst the following persons.

What is the agreement of a gift and how to make it


Status of person












The donor is the property owner, which is more particularly described hereunder and referred to as the property.

Details of property


Relationship between the donor and the donee


Persons agree as follows

  1. The aforesaid donor out of natural love and affection for the donee, without any consideration, with this, transfers the property along with all rights, title, interest, and concern of any nature.
  2. All the deeds, papers, evidence, or any other legal documents (in original) relating to the property have been handed over to the donee.
  3. The aforesaid donor assures the donee that the property hereby gifted is free from all mortgages, charges, litigations, attachments, and disputes of any nature.
  4. The donee will pay utility charges such as electricity, water, maintenance, telephone, and internet charges for the property.
  5. Now the donor admits that he/she has been left with no rights, title, interest, and concern of any nature in the property and the donee has become the absolute owner of the property, who shall be fully competent to use and enjoy the property.
  6. The donee with this accepts the gift of the property from the donor and takes over the possession of the same from the donor.
  7. This agreement is made on the following stamp paper.

The amount of the stamp paper


The identity number of the stamp paper


Persons have read and understood this agreement and solemnly affirm that the information above is true and correct and agreed to acknowledge the same without any pressure from any side and provide the signatures.






Signature of Donor

Photo of Donor


Signature of Donee

Photo of Donee


Published by

Ashok Pitroda
(Accounting Professionals)
Category Income Tax   Report

2 Likes   0 Shares   3759 Views


Related Articles


Popular Articles

caclubindia books caclubindia books Score More Study Less

CCI Articles

submit article

Stay updated with latest Articles!