THIS DEED OF GIFT made the ________ day of __________
 BETWEEN
_________________________________________________ (insert the name of
father and mother, address, etc.) (hereinafter called the parents) of the ONE PART
AND
_______________________________________________ (insert the name of first
daughter, address, etc.) and (insert the name of second daughter, address, etc.)
(hereinafter called the daughters) of the OTHER PART.
WHEREAS :
1. By a conveyance dated the _________ day of _____ 20____ and made between
(parties) the property described in the Schedule hereunder written and
hereinafter referred to as “the said property” was purchased out of the joint
funds of the parents and is held in their joint names.
2. The parents are desirous of conveying the said property by way of gift to the
daughters in manner hereinafter appearing.
NOW THIS DEED WITNESSETH as follows:
1. In consideration of their natural love and affection for the daughters the parents
hereby convey unto the daughters all that (parcels) more fully described in the
Schedule hereunder written and hereinafter referred to as “the said property”
TO HOLD the same unto the daughters as beneficial tenants-in-common in
equal shares.
2. The daughters shall have power to mortgage charge lease or otherwise dispose
of all or any part of the said property with all the powers in that behalf of an
absolute owner.
3. The daughters do hereby accept the said gift which is valued at Rs. _______ for
the purpose of stamp duty.
THE SCHEDULE ABOVE REFERRED TO:
(Description of the property)

IN WITNESS etc.
[Signatures of all parties]