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Deed Of Gift Form For Property
"I need a Deed of Gift Form for Property to transfer my residential house in Lahore to my eldest son, with the condition that my wife retains living rights until March 2025; the property is currently mortgage-free and valued at PKR 15 million."
1. Title and Date: Clearly states this is a Deed of Gift and the date of execution
2. Parties: Identifies the Donor and Donee with full names, ages, relationships (if any), CNIC numbers, and complete addresses
3. Background: Brief context explaining the relationship between parties and intention to make the gift
4. Definitions: Defines key terms used in the deed including Property, Transfer Date, and any technical terms
5. Property Details: Comprehensive description of the property being gifted, including location, dimensions, and registration details
6. Declaration of Gift: Clear statement of the donor's intention to gift the property absolutely and irrevocably
7. Possession and Transfer: Details of when and how possession will be transferred to satisfy Hiba requirements
8. Consideration: Statement that the gift is made without any monetary consideration
9. Title Guarantee: Donor's confirmation of clear title and right to gift the property
10. Execution Requirements: Details of how the deed should be executed, witnessed, and registered
11. Governing Law: Specification that the deed is governed by Pakistan law
1. Special Conditions: Any specific conditions attached to the gift (note: conditions must not violate principles of Hiba)
2. Existing Encumbrances: Include if there are any existing mortgages, liens, or other encumbrances on the property
3. Tax Declarations: Include specific tax-related declarations if required by local tax authorities
4. Power of Attorney: Include if the deed is being executed through an attorney
5. Family Settlement Details: Include if the gift is part of a larger family settlement arrangement
6. Maintenance Provisions: Include if there are specific arrangements for property maintenance or utility payments
1. Property Schedule: Detailed technical description of the property including exact measurements, boundaries, and any included fixtures
2. Title Documents: List of all title documents being transferred with the property
3. Property Tax Records: Copies of latest property tax receipts and clearance certificates
4. Site Plan: Architectural or survey plan of the property
5. Photographs: Recent photographs of the property for identification purposes
6. Encumbrance Certificate: Recent certificate showing any registered encumbrances on the property
Authors
Real Estate
Legal Services
Banking & Finance
Wealth Management
Property Development
Family Office Services
Public Administration
Notary Services
Tax Advisory
Legal
Real Estate
Property Management
Wealth Management
Documentation
Compliance
Registration
Advisory Services
Tax Planning
Estate Planning
Legal Counsel
Property Lawyer
Real Estate Manager
Wealth Manager
Property Valuation Expert
Notary Public
Sub-Registrar
Revenue Officer
Estate Planning Advisor
Tax Consultant
Property Registration Officer
Legal Documentation Specialist
Family Law Advisor
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