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Deed Of Gift Document
"I need a Deed of Gift Document to transfer my ancestral family land in Lagos State to my eldest son, with the transfer to take effect from March 15, 2025, and including a condition that the land must remain within the family for at least two generations."
1. Parties: Identifies and defines the Donor (person giving the gift) and Donee (person receiving the gift) with their full legal names, addresses, and any relevant identification details
2. Background: Explains the context of the gift, relationship between parties if relevant, and confirms the Donor's ownership of the property
3. Definitions: Defines key terms used throughout the deed including 'Property', 'Transfer Date', and any other relevant terms
4. Gift Declaration: Clear statement of the Donor's intention to make the gift and transfer ownership absolutely and irrevocably to the Donee
5. Property Description: Detailed description of the property being gifted, including all relevant identifying details such as registration numbers, boundaries, or serial numbers
6. Title Warranties: Donor's confirmation of their right to make the gift and warranties about the property's title
7. Delivery and Transfer: Specifics about when and how the property will be transferred to the Donee
8. Execution Requirements: Format for signatures, including requirements for witnesses and attestation as per Nigerian law
1. Conditions: Used when the gift is subject to specific conditions or restrictions that the Donee must observe
2. Reservation of Rights: Used when the Donor wishes to retain certain rights over the property
3. Tax Declarations: Include when there are specific tax implications that need to be acknowledged
4. Power of Attorney: Include when someone is authorized to act on behalf of either party
5. Governing Law: While Nigerian law applies, this section may be included to specify which state's laws govern in case of interstate matters
6. Revocation Clause: Used in cases where the Donor wishes to retain the right to revoke the gift under specific circumstances
1. Property Schedule: Detailed technical description of the property, including measurements, boundaries, and any relevant certificates or plans
2. Title Documents: List and copies of all relevant title documents and certificates
3. Property Photos: Visual documentation of the property being gifted
4. Previous Ownership Documents: Documents establishing the Donor's ownership and right to gift the property
Authors
Real Estate
Private Wealth Management
Legal Services
Non-Profit & Charity
Education
Religious Institutions
Family Business
Agriculture
Healthcare
Legal
Compliance
Property Administration
Estate Management
Wealth Management
Corporate Secretariat
Land Registry
Document Control
Risk Management
Legal Counsel
Property Lawyer
Estate Manager
Wealth Manager
Land Administrator
Compliance Officer
Property Rights Officer
Trust Officer
Estate Planning Advisor
Real Estate Manager
Company Secretary
Philanthropic Advisor
Legal Administrator
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