What is gift deed? A Gift Deed is a transfer of an immovable property, voluntarily from the Donor to the Donee without the involvement of any monetary consideration. The person who is gifting the property is the Donor and the one accepting the gift is the Donee. The Donor should be the absolute owner of the property before initiating the Gift deed conveyance. Once the Donee accepts the gift being offered by the Donor, the Donee will become the absolute owner of the said property. The Donor will cease to have any rights over the property. The property details... Continue reading →