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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
:
-
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.
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