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Deed Of Gift Form For Property
"I need a Deed of Gift Form For Property to transfer my residential apartment in Tsim Sha Tsui to my daughter, with the condition that I retain the right to live there until March 2025, and the property should revert to me if she decides to sell it within 5 years."
1. Parties: Identifies and defines the Donor(s) and Donee(s) with their full legal names, identification numbers, and addresses
2. Background: Sets out the context of the gift, including the Donor's ownership of the property and intention to make the gift
3. Definitions: Defines key terms used throughout the deed including 'Property', 'Transfer Date', and other relevant terms
4. Gift: Clear statement of the gift and transfer of the property from Donor to Donee
5. Donor's Warranties: Warranties regarding ownership, right to transfer, and freedom from encumbrances
6. Completion: Details of when and how the transfer will be completed
7. Costs and Stamp Duty: Specifies who will bear the costs of the transfer and stamp duty
8. Governing Law: Confirms Hong Kong law as the governing law of the deed
9. Execution: Formal execution block meeting Hong Kong deed requirements
1. Conditions: Used when the gift is subject to specific conditions or requirements that the Donee must fulfill
2. Reservation of Rights: Include when the Donor wishes to retain certain rights over the property (e.g., right to occupy)
3. Joint Ownership Provisions: Required when there are multiple Donees receiving the property
4. Tax Declarations: Include specific tax-related declarations if required for tax planning purposes
5. Power of Attorney: Include when someone is authorized to execute the deed on behalf of a party
6. Severance: Used when converting joint tenancy to tenancy in common, if applicable
1. Property Description: Detailed legal description of the property including lot number, address, and registered details
2. Title Documents: List of relevant title documents and their details
3. Existing Encumbrances: Details of any existing encumbrances, mortgages, or charges affecting the property
4. Plans and Drawings: Property plans, floor plans, or boundary plans if relevant
5. Special Conditions: Any special conditions or requirements attached to the gift, if applicable
Authors
Real Estate
Legal Services
Banking & Finance
Wealth Management
Family Office Services
Property Development
Charitable Organizations
Education (for institutional gifts)
Religious Organizations
Healthcare (for institutional gifts)
Legal
Real Estate
Wealth Management
Compliance
Property Administration
Corporate Secretarial
Trust Administration
Estate Planning
Document Management
Risk Management
Property Lawyer
Conveyancing Manager
Estate Planning Attorney
Property Manager
Real Estate Agent
Wealth Manager
Trust Officer
Compliance Officer
Legal Secretary
Corporate Counsel
Family Office Manager
Philanthropy Director
Property Administrator
Land Registry Officer
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