Create a customized Deed of Gift

This template was prepared by: Team Legito, Legito

Deed of Gift

Gift is:
THIS DEED OF GIFT (this "Deed") dated DD-MM-YYYY
BETWEEN:
Party type:
( the " Donor “)
OF THE FIRST PART
and
Party type:
( the " Donee “)
OF THE SECOND PART
( Donor and Donee hereinafter jointly referred to as the "Parties" and individually as the "Party")
IN CONSIDERATION of Donor's natural love and affection for the Donee
PROPERTY:
The Donor conveys unto the Donee the following motor vehicle (the 'Property') to hold in fee simple:
- , brand: , model: , year: , body type: , vehicle identification number (VIN): , odometer reading: .
It is hereby certified that the transaction under this Deed form part of any larger transaction or of a series of transactions in respect of which the amount or value or the aggregate amount or value of the property conveyed or transferred exceeds the sum of by words.
WARRANTIES:
Does the Property have a lien or encumbrance that will not be paid by the Donor?
The Donor warrants that:
- the Property is free of any liens and encumbrances except liens and encumbrances specified in this Deed;
- the Donor is the legal owner of the Property;
- the Donor has the full right and authority to deliver the Property;
- the Donor will defend the title of the Property against any and all claims and demands.
SECURITY INTEREST:
The Donee will assume and pay the following obligations (the "Security Interest") and will hold harmless and indemnity the Donor from any claim related to these obligations:
APPLICABLE LAW:
This Deed shall be governed by and construed in accordance with the laws of Country of .
IN WITNESS WHEREOF, the Parties have duly affixed their signatures on _____
SIGNED, SEALED AND DELIVERED
__________________________________
_____
SIGNED, SEALED AND DELIVERED
__________________________________
_____
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