Property Donation Agreement

Name: Property Donation Agreement
Brand: SheriaPlex
SKU: DOC-628
Price: 200 KES
Availability: InStock

Document Type

Microsoft Word (Editable)

Pages

Price: KES 200

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Document Overview

A Property Donation Agreement is a formal real estate document used when a landowner (donor) voluntarily transfers ownership of land or property to another person or organization (the donee) without receiving any monetary payment or compensation.

Key Components:
1. Details of the Donor
2. Details of the Donee
3. Property Description
4. Statement of Donation
5. Acceptance by the Donee
6. Warranties and Representations by the Donor
7. Transfer and Registration Process
8. Stamp Duty and Exemption Clause
9. Possession and Handover Date
10. Signatures and Witnessing
11. Supporting Attachments

Purpose:
1. To legally formalize a gift of real estate from one party to another.
2. To ensure the donation is voluntary and unconditional, free from coercion, fraud, or pressure.
3. To document the donor’s intention and the donee’s acceptance in writing.
4. To support title transfer at the Ministry of Lands and facilitate compliance with registration procedures.
5. To help qualify for stamp duty exemption, especially in donations to family members or charitable entities under the Stamp Duty Act (Cap 480).
6. To prevent future disputes, especially within families or communities, by creating a legal and signed record of the gift.

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Property Donation Agreement

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