gift deed

gift deed

A deed with love and affection as the consideration, but nothing else of generally accepted monetary value.

References in periodicals archive ?
Tenders are invited for all that part and parcel of the freehold property with residential building of area 5 satak bearing registered gift deed no i 4207 of year 2013 situated at mouza ganeshnagar, j.L no 28, lr khatian no 1067, rs dag no 2217, l.R dag no 2239 within dasgh
He further said that there was no requirement of disclosure of foreign properties to Pakistan tax authorities and the properties in Orlando, Florida were mortgaged before his elevation as LHC judge and through a gift deed dated Feb 3, 2010, those properties were gifted to his brother Mohammad Ahmad Irfan Khan.
The said properties were transferred in the name of his wife under gift deed and the same were pledged with the banks and obtained loans.
Both the culprits have produced fake documents in the court showing that the governor had given the property as a 'gift deed, which was prepared on 16th March 2005.
The gift deeds will attract 5 per cent tax of the value of the property provided that if the gift deed is executed between spouses, father, mother, son, daughter, grandparent, siblings or from one wife or widow to another wife or widow of the same husband, and the rate of stamp duty shall be three per cent of the value of the property.
Unlike in immovable property such as a house, one doesn't need a gift deed to prove ownership.
Documents filed with authorities in Brentwood show Hawn filed a Gift Deed application on May 21, transferring the house to Oliver and getting no money in return.
Though the house was returned to Lotika following a November 26, 2009 high court order, even that could not be taken as a finding against the Dhoundials as they had themselves decided to give back the property and the June 28, 2007 gift deed was declared null and void with the consent of the parties.
Subsequently the plot was transferred by way of gift deed to Mr.
During the inquiry it was suggested that the accused Fazal Inam Sabir gifted Fazal Arshad a total of 732 kanal shamlat land from Moza Mughal Pari through unregistered gift deed and obtained an exparte degree from court in his favour.
The court passed its order on the basis of Lotika's earlier statement, in which she had categorically stated that " no fraud was played upon her and she had executed the said gift deed voluntarily".