Document background
The Irrevocable Inter Vivos Deed of Gift is a crucial document in UAE legal practice, used when an individual or entity wishes to make an immediate, permanent, and irrevocable transfer of assets to another party during their lifetime. This document type is particularly relevant in the UAE context where both civil law and Sharia principles govern gift transactions. It's commonly used in family wealth planning, charitable donations, and corporate restructuring, requiring careful attention to UAE Civil Code requirements and local customs. The deed must include specific elements such as clear identification of parties, detailed description of the gifted property, immediate transfer of possession, and explicit statements of irrevocability. It's essential for the document to be properly executed and, where necessary, registered with relevant authorities to ensure its validity and enforceability under UAE law.
