Contracts & agreements
Gift deed template (US)
A general template under US law. Laws differ from state to state, so check it against your state's law or with a lawyer licensed there. We are not a law firm and do not give legal advice.
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Preview — US standard
Deed of Gift of Personal Property
This deed is for gifts of personal property, such as money, vehicles, jewelry or other belongings. A gift of real estate requires a deed in the form required by the state where the land lies, and must be recorded in the county records.
This Deed of Gift is made on Gift Date by Donor Name, residing at Donor Address ("Donor"), to Recipient Name, residing at Recipient Address ("Recipient").
1. Gift
Donor gives to Recipient, as an outright gift, the following property (the "Gift"):
Description of the Property, such as Cash, a Vehicle with Year, Make, Model and VIN, or Items Listed in Schedule A
Estimated fair market value: $Estimated Value
2. No Payment
The Gift is made out of love and affection, without any payment or anything else of value given in return. Recipient owes Donor nothing for it.
3. Delivery and Acceptance
Donor has delivered, or will deliver on Delivery Date, possession of the Gift to Recipient, together with Title Documents, Keys or Records. Recipient accepts the Gift. From delivery, Recipient owns the Gift and bears all risks and costs of owning it, including Ongoing Costs, such as Registration, Insurance and Taxes.
4. Irrevocable
This Gift is complete and cannot be revoked by Donor.
5. Donor's Statements
Donor states that Donor owns the Gift, that it is free of liens and claims except Existing Liens or None, and that Donor has the right and capacity to give it. Donor makes this Gift freely and voluntarily.
6. Condition
Recipient accepts the Gift in its present condition, "as is," with no warranty of its condition.
7. Taxes
Donor understands that a gift above the federal annual exclusion amount may require Donor to file IRS Form 709, and that state gift or inheritance tax rules may apply. Each party should consult a tax adviser. For a vehicle, the parties will complete the title transfer with the state motor vehicle agency, which may require a separate gift affidavit.
8. Governing Law
This Deed is governed by the laws of the State of Governing State.
| Donor | Recipient |
| --- | --- |
| Signature: Donor Signature | Signature: Recipient Signature |
| Name: Donor Printed Name | Name: Recipient Printed Name |
| Date: Donor Signing Date | Date: Recipient Signing Date |
Optional Witness or Notary Acknowledgment