GIFT DEED OF JEWELLERY, VEHICLE OR OTHER MOVABLES
(A gift of movable property from a Donor to a relative, completed by delivery)
BETWEEN
__________, __________ __________, residing at __________
(hereinafter called the "Donor", which expression includes the Donor's heirs and legal representatives, of the ONE PART)
AND
(hereinafter called the "Donee", which expression includes the Donee's heirs and legal representatives, of the OTHER PART)
RECITALS
1. Relationship
2. The items
2.1 The Donor is an adult of sound mind and is the sole owner of the movable property described in clause 4 (the "Gifted Items"). The Gifted Items are not pledged, mortgaged or hypothecated, are not subject to any loan, charge or claim, and are not held for any other person.
3. Intention
3.1 Out of natural love and affection, the Donor wishes to give the Gifted Items to the Donee, without receiving anything in return.
OPERATIVE PART
NOW THIS DEED WITNESSES AS FOLLOWS:
4. The gift
5. Delivery
5.2 Along with the Gifted Items the Donor has handed over, or will hand over on that date, the keys, bills, certificates, registration papers and any other papers the Donor has for them.
6. Acceptance
6.1 The Donee accepts the Gifted Items, confirms that the Donee has taken, or on the date above takes, possession of them, and has accepted this gift during the lifetime of the Donor.
7. A gift, not a sale
7.1 This is a gift and not a sale, an exchange or a loan. Nothing has been paid or promised by the Donee, and the Donee does not have to return the Gifted Items.
7.2 The gift is complete. It cannot be taken back by the Donor at the Donor's will.
8. Donor's declarations
8.1 The Donor makes this gift freely, without pressure from any person, and after understanding what this Deed does.
8.2 The Donor has not given, sold or promised the Gifted Items to any other person, and will keep the Donee safe from any claim by a person who says otherwise.
9. Tax, stamping and costs
9.1 Any tax, return or declaration that the law requires because of this gift is the responsibility of the person on whom the law places it. This Deed does not state or decide any tax position.
10. Governing law
10.1 This Deed is governed by the laws of India. The courts where the Donor lives have jurisdiction over any dispute about it.
PERSONAL DATA NOTICE
This notice is given under the Digital Personal Data Protection Act, 2023.
The purpose of collecting personal data in this Deed is to identify the Donor and the Donee, describe the Gifted Items, record delivery and acceptance, and keep a record of the gift.
If the matter does not proceed, the personal data will be retained for 90 days and then erased. If the matter proceeds, the record will be retained for the matter plus 12 months, except where a statute requires a longer named retention period.
Data minimisation: this document does not collect a full Aadhaar number, an Aadhaar-card copy, a password or bank credentials.
SIGNATURES
SIGNED by the Donor
_______________________________
__________ — DONOR
SIGNED by the Donee, in token of acceptance
_______________________________
WITNESSES, each of whom has seen the parties sign this Deed. No witness is a party to it.
Witness 1
Signature: _______________________________
Witness 2
Signature: _______________________________