Monday, 18 August 2014

Gift Deed Of Immovable Property (Gift Deed)


GIFT DEED


Cost of Land
Measuring 7 marlas Rs.2,50,000/-
Cost of Malba                Rs.     50,000/-
Total:                              Rs.  3,00,000/-

03 sheets of NJS papers worth of Rs. 9,000/-


Mr. Mehmood Hussain Malik S/o Late Haji Khuram Ali Malik R/o House No. C-673, Sector-D, Asghar Mall Scheme, Rawalpindi, (which expression shall include his legal heirs, successors-in-interest, executors and assignee) of the first part.

AND

Mr. Muahammad Ali Malik S/o Mehmood Hussain Malik R/o House No. C-673, Sector-D, Asghar Mall Scheme, Rawalpindi, (hereinafter called the Donee) (which expression shall include their legal heirs, successors-in-interest, executors and assignee) of the second part.

Whereas the executant is the lawful owner in possession of House No.F-337, Ashagar Mall Scheme, Rawalpindi constructed upon land Measuring 18 Marlas, situated in Ashagar Mall Scheme, Rawalpindi which has been included in Abbadi, vide Registered Surrender Deed No.5, Book No.6, Volume No.88, on page 09, and duplicate copy pasted on additional Book No. 5, Vol. No. 858, on pages 15 to 25 dated 03.02.1982 registered with sub Registrar Rawalpindi.
Contd…………..P/2




P/2
AND WHEREAS the executant i.e. the party of the first part being owner in exclusive possession of his said house constructed upon 18 marlas alongwith super structure constructed thereon, the Donor out of said property hereby gifts 4 marlas of land alongwith super structure constructed thereon in favour of party of the second i.e “THE DONEE” which is bounded as follows:-

East by                    :               Street about 8 feet wide and House No. F-77.

West by                   :               House No.F-78 & F-79.

North by                  :               Open Plots No.F-83 & 85.

South by                  :               House No.F-82

Situated in Ashagar Mall Scheme, Rawalpindi within the limits of Tehsil Municipal Administration, (Rawal Town) Rawalpindi (hereinafter called the Property) and the said property is free from all the sorts of legal defects / encumbrances.

                AND WHEREAS the Donor has agreed to gift out the above said property to the Donee, out of love and affection with him, who is his real son and the Donee has also agreed to accept the same.

That the donor is enjoying the lawful physical possession of the above mentioned property and the vacant Physical possession of the above said  gifted property has been delivered by the donor to the Donee at the spot and now the Donee has became the absolute owner in possession of above gifted property, and now the Donee is entitled to keep the said property for his  personal use or to transfer it by way of gift, sale etc., the Donor as well as his legal heirs are left with no concern  / interest with the above gifted property.
Contd…………………P/3


P/3

That the Donor hereby assures to the Donee that the above gifted property is free from all sorts of encumbrances and all the dues etc., in respect of above gifted property are paid till date and if there will be found any dues payable against said gifted property etc., the same will be paid by the Donor from his own pocket to the departments concerned.

That the Donee has accepted the gift of above said property and has taken over the possession of said property from the Donor at the spot.

IN WITNESSES WHEREOF the Donor and the Donee has signed this gift deed on _____ day of June, 2014  in the presence of marginal witnesses.

Acceptance:-

I have accepted the gift of above said
Property and have taken over the possession
of said property from the Donor at the spot.

Donee: ________________                                                   Donor:
Muahammad Ali Malik                                                                        Mehmood Hussain Malik
NIC No.00000-0000000-0                                                                     NIC No.00000-0000000-0    


Witnesses:-

1._______________________                                              
Raja Hamid Hussain
NIC No.00000-0000000-0    

2. ______________________
Malik Asad ali
NIC No.00000-0000000-0    








Presented for registration this Gift deed by Mr. Mehmood Hussain Malik S/o Late Haji Khuram Ali R/o House No. C-673, Sector-D, Asghar Mall Scheme, Rawalpindi, before me at the office of Sub Registrar, Rawalpindi on this _______ day of June, 2014 , between the hours __________   to  __________.

                                                                                               
                                                                                                                      
   SUB REGISTRAR (U)
                                                                                                                                   RAWALPINDI

                                                         

1-Donee: ___________________                                                          Donor/ Executant: ________________
Muahammad Ali Malik                                                                           Mehmood Hussain Malik
NIC No.00000-0000000-0                                                                     NIC No.00000-0000000-0    


                Execution and completion of this Gift deed has been admitted by the said executant, who subscribe to and abides by all the terms and condition set forth in the body of this deed. The executant is identified by:-

Witnesses:-

1._______________________                                              
Raja Hamid Hussain
NIC No.00000-0000000-0    

2. ______________________
Malik Asad ali
NIC No.00000-0000000-0    


The witnesses are relied upon:-

1-Donee: ___________________                                                          Donor/ Executant: ________________
Muahammad Ali Malik                                                                           Mehmood Hussain Malik
NIC No.00000-0000000-0                                                                     NIC No.00000-0000000-0    


Witnesses:-

1._______________________                                               2.__________________________



SUB REGISTRAR (U)
 RAWALPINDI




C E R T I F I C A T E


                Registered at No. _________ Book No.  _______ Volume No. ________ on pages ______   to   ______ and a duplicate copy is pasted in Addl. Book No. _______ Vol. _________ on Pages   ________   to   _________ on this  ________ day of _______________, 2014 .


                The executant and the witnesses have put their respective hands to this deed in my presence.




SUB REGISTRAR (U)
 RAWALPINDI



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