Revocable Deed of
Gift
The Deed Of Gift Is
made at ...... this ...... day of ...... between Mr. A ........... residing at
....... hereinafter referred to as 'the Donor' of the One Part and Mr. B
........... residing at ...... hereinafter referred to as the 'Donee' of the
Other Part.
Whereas the Donor is
absolutely seized and possessed of the land and building thereon situate at
...... and more particularly described in schedule hereunder written.
And Whereas the Donee
is the widowed daughter of the Donor and has no sufficient means for her
livelihood .
And Whereas the Donor
therefore desires to make a gift of the said property described in the schedule
hereunder written to the Donee so that she can recover income thereof for her
maintenance during her life time but subject to the conditions hereinafter
mentioned which are acceptable to the Donee as is evidenced by her executing
these Presents.
And Whereas the
market value of the said property is estimated to be Rupees.
Now This Deed
Witnesseth and with a view to carry out the said desire of the Donee and in
consideration of natural love and affection the Donor doth hereby grant and
transfer by way of gift the said piece of land more particularly described in
the schedule hereunder written together with the building and structure
standing thereon and all the things permanently attached thereto or standing
thereof and all the rights liberties privileges, casements and advantages
appurtenant thereto and all the estate, right, title and interest of Donor
therein To Have and to Hold the same unto and to the use of the Donee but
subject to payment of all rates , taxes. assessments, dues and duty now and
hereafter chargeable thereon to the Government and the Municipal Corporation
(or Council) or any local authority and also subject to the conditions
hereinafter stated namely:-
1.
The
Donee shall have no right to sell, mortgage or otherwise dispose of the said
land and premises hereby gifted.
2.
The
gift hereby made shall stand revoked on the remarriage of the Donee or on her
death whichever event shall happen earlier and thereupon the said land and
premises shall revert back to the Donor or his heirs, executors or
administrators as the case may be.
IN WITNESS WHEREOF
the Parties have put their respective hands the day and year first hereinabove
written .
The Schedule above
referred to
Signed and delivered
by the
within named Donor
Mr. A
in the presence of
1.
2.
Signed by way of
acceptance by the
within named Donee
Mrs .......
in presence of