What Is a Gift Deed?
A Gift Deed is a legal document by which a donor voluntarily transfers ownership of property to a donee without any monetary consideration, governed by Section 122 of the Transfer of Property Act, 1882. For immovable property, it must be executed, accepted by the donee during the donor’s lifetime, and registered with the Sub-Registrar.
Key Features
- Made voluntarily and without payment
- The donor must be the lawful, competent owner
- The donee must accept the gift during the donor’s lifetime
- Registration is mandatory for immovable property
- Once registered, generally irrevocable except in limited circumstances
Documents Required
Identity, Property & Relationship Proof
- Aadhaar Card, PAN Card, and Passport/Voter ID/Driving Licence of donor and donee
- Original title deed / previous sale deed, Jamabandi/Fard, mutation records, property tax receipts
- Birth certificates, family register, or other proof of relationship (for family transfers)
Gift Deed Documents
- Draft Gift Deed
- Registration paperwork
- Identity proof of two witnesses