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Gift Settlement Deed
"I need a Gift Settlement Deed for transferring my commercial property in Doha to my eldest son, with a condition that the transfer becomes effective from March 15, 2025, and includes provisions for maintaining the current tenant's lease agreement."
1. Parties: Identification of the Donor (Wahib) and Donee (Mawhub Lahu), including their full legal names, addresses, and capacity to give/receive gifts
2. Background: Context of the gift, relationship between parties if relevant, and donor's ownership of the gifted property
3. Definitions: Definitions of key terms used in the deed, including property descriptions, relevant Qatari legal terms, and technical terminology
4. Gift Declaration: Clear statement of the donor's intention to make the gift, specifics of what is being gifted, and confirmation that it is made without consideration
5. Description of Gift: Detailed description of the gifted property/assets, including all relevant identifying information
6. Acceptance of Gift: Express acceptance by the donee and acknowledgment of receipt/possession (Qabd)
7. Transfer of Ownership: Terms confirming immediate and irrevocable transfer of ownership to the donee
8. Representations and Warranties: Donor's declarations regarding ownership, right to gift, and freedom from encumbrances
9. Registration and Formalities: Provisions for completing necessary registration and legal formalities under Qatari law
10. Governing Law: Confirmation that the deed is governed by Qatar law and Sharia principles
11. Execution: Signature blocks and attestation requirements
1. Conditions of Gift: Used when the gift is subject to specific conditions permitted under Sharia law
2. Third Party Rights: Required when the gifted property involves third party interests or rights that need to be addressed
3. Guardian Consent: Necessary when the donee is a minor or lacks legal capacity
4. Possession Arrangements: Required when immediate physical transfer is not possible and specific arrangements for possession need to be detailed
5. Tax Declarations: Include when there are tax implications that need to be acknowledged
6. Power of Attorney: Required when any party is acting through an attorney or representative
7. Language Declaration: Required when the deed is bilingual or requires translation for registration purposes
1. Schedule 1 - Property Description: Detailed technical description of the gifted property, including boundaries, title details, or specifications
2. Schedule 2 - Property Documents: List of title documents, certificates, and other relevant documentation relating to the gifted property
3. Schedule 3 - Conditions and Restrictions: If applicable, detailed listing of any conditions or restrictions attached to the gift
4. Schedule 4 - Related Rights: Description of any related rights, easements, or benefits that form part of the gift
5. Appendix A - Required Registrations: Checklist of required registrations and formalities under Qatari law
6. Appendix B - Supporting Documents: Copies of relevant supporting documents, including ID proofs, power of attorney, etc.
Authors
Real Estate
Banking & Finance
Family Business
Wealth Management
Islamic Finance
Legal Services
Private Equity
Charitable Organizations
Education
Healthcare
Legal
Compliance
Wealth Management
Property Administration
Corporate Secretarial
Risk Management
Islamic Finance
Private Client Services
Real Estate
Document Management
Legal Counsel
Property Lawyer
Wealth Manager
Estate Planning Advisor
Compliance Officer
Property Registrar
Notary Public
Islamic Finance Advisor
Family Office Manager
Trust Administrator
Corporate Secretary
Real Estate Manager
Private Client Advisor
Risk Management Officer
Legal Documentation Specialist
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