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Gift Deed Joint Property
"I need a Gift Deed Joint Property to transfer my 50% share in a commercial building in Lahore to my two children equally, with the deed to take effect from March 15, 2025; the other 50% is owned by my brother who will retain his share."
1. Parties: Details of the Donor(s) and Donee(s) including their full names, ages, religions, occupations, and complete addresses
2. Background: Brief history of property ownership, relationship between parties, and context of the gift
3. Definitions: Definitions of key terms used in the deed including 'Property', 'Transfer', 'Possession', etc.
4. Details of Property: Complete description of the joint property being gifted including location, boundaries, and registration details
5. Declaration of Gift: Clear statement of intention to make the gift (Ijab) and its acceptance (Qabul)
6. Consideration: Statement that the gift is made without any monetary consideration or compensation
7. Transfer of Rights: Details of rights, titles, and interests being transferred to the donee(s)
8. Possession: Statement regarding transfer of possession (Qabza) of the property
9. Warranties and Representations: Donor's warranties regarding ownership, right to transfer, and property being free from encumbrances
10. Execution and Witness: Signing requirements, witness details, and attestation clause
1. Conditions of Gift: Any lawful conditions attached to the gift (only include if specific conditions exist)
2. Consent of Co-owners: Written consent of other joint owners if not all joint owners are donors
3. Power of Attorney: If the deed is being executed through an attorney, include their authorization details
4. Previous Transfers: History of previous transfers if relevant to establishing clean title
5. Tax Declarations: Statements regarding tax implications and responsibilities (if applicable)
6. Governing Law Choice: Specific choice of Islamic School of Law if parties wish to specify this
1. Property Schedule: Detailed technical description of the property including measurements, boundaries, and registration details
2. Title Documents: List of all title documents establishing ownership
3. Ownership Proof: Copies of documents proving current ownership and joint holding status
4. Site Plan: Property layout and location plans
5. Photographs: Recent photographs of the property (if required for identification)
6. Valuation Report: Current market valuation of the property (if required for stamp duty purposes)
Authors
Donee
Property
Joint Property
Gift
Hiba
Ijab
Qabul
Qabza
Transfer
Possession
Title
Deed
Joint Owners
Co-owners
Consideration
Ownership Rights
Encumbrances
Registration
Stamp Duty
Effective Date
Executing Parties
Legal Representatives
Schedule
Property Description
Boundaries
Title Documents
Permitted Use
Market Value
Improvements
Islamic Law
Governing Law
Jurisdiction
Attestation
Valid Title
Recitals
Definitions
Property Description
Declaration of Gift
Ownership Confirmation
Joint Ownership Details
Transfer of Rights
Possession Handover
Consideration
Warranties and Representations
Title Guarantee
Encumbrance Declaration
Registration Requirements
Islamic Law Compliance
Consent and Authorization
Execution Requirements
Attestation
Governing Law
Property Schedule
Tax Implications
Delivery of Documents
Co-owners Rights
Previous Transfers
Property Valuation
Regulatory Compliance
Real Estate
Legal Services
Financial Services
Islamic Banking
Property Development
Wealth Management
Family Business
Construction
Urban Development
Asset Management
Legal
Real Estate
Wealth Management
Compliance
Property Administration
Document Processing
Asset Management
Advisory Services
Risk Management
Islamic Banking
Legal Counsel
Property Lawyer
Real Estate Manager
Wealth Manager
Estate Planner
Property Registrar
Notary Public
Legal Document Specialist
Compliance Officer
Islamic Law Consultant
Property Valuation Expert
Asset Manager
Family Business Advisor
Real Estate Administrator
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