Gift Deed Services By Enterslice ITeS

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Gift Deed
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What is Gift Deed?
A gift deed is a kind of document that will
enable someone, a recipient to possess or acquire
a property or financial gain or simply money, in
this case, "as a gift" from another person who
already owns the property or money. The right for
owning or ownership of the given property is
directly transferred under the gift deed without
requiring to pay or make any return transactions
to the giver of the gift.
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What Are The Key Elements Of Gift Deed?
It needs the specification of the fact that the
receiver need not to do any work to gain the
ownership of the received gifts. The gift deed is
drawn upon the idea that the giver is doing the
deed of gift out of the feeling of affection for
the recipient who is entitled to the respective
gift given. The one that wishes to do the gift
deed to transfer the ownership of property or sum
of money to the recipient is called donor.
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How To Register Gift Deed To Make It Valid?
It needs the specification of the fact that the
receiver need not to do any work to gain the
ownership of the received gifts. The gift deed is
drawn upon the idea that the giver is doing the
deed of gift out of the feeling of affection for
the recipient who is entitled to the respective
gift given. The one that wishes to do the gift
deed to transfer the ownership of property or sum
of money to the recipient is called donor.
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What is The Revocation of the Gift Deed?
The gifts given however can be revocable or
non-revocable. In case of revocable gift deed,
the donor is supposed to make a draft of the
document, this document can be kept by the donor
in his possession until the donor feels the time
is right for the recipient to receive the gift.
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Irrevocable gift deed
The gifts given however can be revocable or
non-revocable. In case of revocable gift deed,
the donor is supposed to make a draft of the
document, this document can be kept by the donor
in his possession until the donor feels the time
is right for the recipient to receive the gift.
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Why Enterslice?
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Contact Us Enterslice ITeS Pvt Ltd India Noida
Branch E 57 Sector 63 Noida U.P. 201301 Uttar
Pradesh Website- https//enterslice.com/