Gift Deed

Gift Deed service provider in Ramesh Nagar, Delhi 

A Gift Deed is a legal document used when a person intends to gift his property or assets to another person without consideration of any money or payment for the same in return. It explicitly mentions that the gift is being transferred out of love, affection, or goodwill and not for any financial benefit. We offer professional and reliable services in their creation and registration. Our highly experienced team ensures that the deed is legally perfect and meets all the requirements for a valid gift transfer. As a Gift Deed service provider, If you seek any assistance concerning a Gift Deed, our team is there to help you with the best available economical and effective services.

Required Documents for a Gift Deed

• Proof of Ownership

These documents are needed to prove the ownership of the property/asset that is to be gifted and should be in the possession of the donor. Examples include property papers, title deeds, or ownership certificates.

• Identity and Address Proof

Identity and address proofs, like an Aadhaar card and PAN card, are required to be furnished by the donor as well as by the donee. If the property was purchased through a Sale Deed, a copy of such a letter shall also be attached.

• Encumbrance Certificate

This is a document confirming that the property has no pending debts, mortgages, or legal issues.

• Witnesses

The presence of two witnesses is mandatory during the execution and registration of the Gift Deed. One witness must bring his/her original Aadhaar card as identification and address proof.

Stamp Duty and Fees

• The property value must be assessed by an approved valuer.
• Rates for stamp duty and transfer duty:
• 4 per cent in the case of female donee.
• 6 per cent if the donee is a male.
• The registration fee is 1 per cent of the property value plus rupees100 as charges for pasting.