THIS DEED OF GIFT made the ________ day of __________
BETWEEN
_________________________________________________ (insert the name,
address, etc. of owner of the property) (hereinafter called the trustee) of the ONE
PART
AND
_______________________________________________ (insert the name, address,
etc. of donee) (hereinafter called the donee) of the OTHER PART.
WHEREAS:
1. The donor is the absolute owner in possession of the property described in the
Schedule hereunder written and hereinafter referred to as “the said property”
subject only to the mortgage hereinafter recited.
2. By a mortgage (hereinafter called the mortgage) dated the _________ day of
________ and made between the donor of the One Part and (mortgagee) of the
Other Part the said property was charged by way of legal mortgage to secure
the payment to the said (mortgagee) of the principal sum of Rs._________ and
interest thereon as therein mentioned.
3. The donor is desirous of vesting in the donee said property in manner
hereinafter appearing.
NOW THIS DEED WITNESSETH as follows:
1. The donor hereby conveys unto the donee 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 donee subject to the mortgage (and
the principal sum and other monies thereby) secured and all interest now due
and henceforth to become payable in respect thereof.
2. It is hereby declared that the donee shall have full 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 donee hereby covenants with the donor that the donee will as from the date
hereof pay the interest secured by and henceforth to become due under the
mortgage and also of the said principal sum of Rs.________ as and when the
same shall become payable and will at all times hereafter keep the donor his

estate and effects indemnified against any claim by the mortgagee in respect of
such interest and principal money aforesaid.
4. The donee does hereby accept the said gift made hereunder which is valued at
Rs._________ for the purpose of stamp duty.
THE SCHEDULE ABOVE REFERRED TO:
(Description of immovable property)

IT WITNESS etc.

[Signatures of both parties]