Deed of Donation Design
Deed Of Donation
This Deed of Donation ("Deed") is made on [Date], by and between [Your Name] ("Donor") and [Recipient's Name] ("Recipient"), collectively referred to as the "Parties."
I. Recitals
WHEREAS, the Donor is the legal owner of [Description of Property], hereinafter referred to as the "Property";
WHEREAS, the Donor wishes to voluntarily transfer ownership of the Property to the Recipient without any consideration in return;
WHEREAS, the Recipient acknowledges and accepts the donation of the Property as a voluntary act of giving without expecting anything in exchange.
II. Transfer of Property
NOW, THEREFORE, in consideration of the mutual promises and covenants contained herein, and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the Parties hereby agree as follows:
2.1 Donation
The Donor hereby irrevocably and unconditionally donates and transfers full ownership of the Property to the Recipient, effective as of [Effective Date], without any conditions or restrictions.
2.2 Acceptance
The Recipient hereby acknowledges and accepts the donation of the Property from the Donor, and agrees to take possession and assume all rights, responsibilities, and liabilities associated with the Property from the Effective Date forward.
III. General Provisions
3.1 No Consideration
This Deed of Donation is executed without any monetary or non-monetary consideration passing between the Parties.
3.2 Governing Law
This Deed shall be governed by and construed under the laws of [State/Country], without regard to its conflict of laws principles.
3.3 Entire Agreement
This Deed constitutes the entire agreement between the Parties concerning the subject matter hereof and supersedes all prior and contemporaneous agreements and understandings, whether written or oral.
IV. Signatures
IN WITNESS WHEREOF, the Parties hereto have executed this Deed of Donation as of the date first above written.
[Your Name]
[Date Signed]
[Recipient's Name]
[Date Signed]
Witnesses
This Deed of Exchange is witnessed and signed on the day and the year first above written.
[Witness 1 Name]
[Witness 2 Name]
