Deed of Gift: Reason for Drawing Up, Types, and Rights of the Donor and the Recipient

A Deed of Gift is a document which enables the recipient to acquire property or money as a gift from another person. The right to ownership of the gift whether in the form of money or property, is transferred to the recipient without the need for the recipient to pay for that right, and without any exchange of another amount of money or another property in return. It should also be specified that the recipient does not have to do any work in exchange for the ownership of the money or the property to which the recipient is entitled by...

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