DEED OF SETTLEMENT

                  This deed of Settlement executed this............................................... day of ............. By.............................. S/o................................................., W/o........................................... D/o.............................................Residing at .............................................. Taluk................................................ District........................................ (herein after called the Donor) in favour of W/o................................... residing at Taluk................................................ District therein after called the donee).

                    Whereas the Donor has no issues and donee is his/her............................ who is looking after the donor in his/her old age and residing with the donor and whereas the donor is desirous of Providing the donee certain immovable property out of love and affection towards the donee, the donor today gave the under mentioned properties worth Rs...................... (Rupees.............................................................. only) to the donee as free gift. The under mentioned properties are donor’s self acquired properties. The donee is put in possession of the properties this day and the donee can enjoy the properties this day and the donee can enjoy the properties with absolute rights and full rights of alienation. This deed of Settlement is executed with donor’s full consent and will and without any instigation or coercion.

Description of Property.

 

 

Sd/-        

Witnesses :


  1.  

Prepared & Written by...................................................

Note:-Stamp duty 3 % on the Market value of the property if settlement is made within family members. It shall be 6% if otherwise. (Art. 49-A (a)). Registration fees 1% upto 50,000 and 0.50% there after.