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Deed Of Gift Property
"I need a Deed of Gift Property to transfer my beach house in Tauranga to my daughter, with the condition that I retain living rights until March 2025, ensuring all tax implications are properly addressed."
1. Parties: Identifies the donor (giftor) and donee (recipient) with their full legal names, addresses, and occupations
2. Background: Sets out the context of the gift, ownership status of the property, and the donor's intention to make the gift
3. Definitions: Defines key terms used throughout the deed including 'Property', 'Transfer Date', and any other relevant terms
4. Gift: Clear statement of the gift, confirming the donor's intention to transfer the property absolutely and unconditionally
5. Transfer: Details of how and when the transfer will take place, including the transfer date and registration requirements
6. Donor's Warranties: Warranties regarding ownership, right to transfer, and freedom from encumbrances
7. Costs: Specifies who will bear the costs of the transfer, including registration fees and legal costs
8. Execution: Formal execution clause meeting the requirements for deeds under NZ law, including witness requirements
1. Conditions: Used when the gift is subject to specific conditions or requirements that must be met
2. Reservation of Rights: Include when the donor wishes to reserve certain rights over the property
3. Tax Acknowledgments: Required when there are specific tax implications that need to be acknowledged
4. Family Arrangements: Include when the gift is part of a larger family arrangement or estate planning
5. Occupation Rights: Used when the donor wishes to retain rights to occupy the property
6. Relationship Property Acknowledgment: Include when the property might be affected by relationship property laws
7. Future Maintenance: Used when specific arrangements for future property maintenance need to be documented
1. Property Description: Detailed legal description of the property including title references, boundaries, and any relevant certificates
2. Property Plan: Plans or diagrams of the property where relevant
3. Existing Encumbrances: List of any existing encumbrances, easements, or covenants affecting the property
4. Inventory: For properties including chattels or specific fixtures, a detailed inventory of included items
5. Transfer Documentation: Forms required for land registry transfer
6. Certificates: Relevant certificates including title certificates or council documentation
Authors
Real Estate
Legal Services
Private Wealth Management
Financial Services
Charitable Organizations
Family Services
Property Development
Estate Planning
Non-Profit
Legal
Property Management
Wealth Management
Estate Planning
Real Estate
Conveyancing
Corporate Services
Family Law
Charitable Giving
Property Lawyer
Conveyancing Lawyer
Legal Executive
Estate Planning Attorney
Property Manager
Real Estate Agent
Wealth Manager
Trust Manager
Financial Advisor
Land Registry Officer
Property Valuer
Charitable Giving Officer
Family Law Specialist
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