"AB" is the owner of a land. He wants to donate the land in charity to a trust for the construction of Serai. Draft a deed of gift of land to trust. Assume necessary facts.
CS Professional · Drafting, Pleadings and Appearances · PYQS · December 2023
"AB" is the owner of a land. He wants to donate the land in charity to a trust for the construction of Serai. Draft a deed of gift of land to trust. Assume necessary facts.
Answer & Explanation:
DEED OF GIFT THIS DEED OF GIFT is made on the .... day of ............ 20.... BETWEEN AB of etc. (hereinafter called 'the Donor'), of the one part, and CD of etc., and EF of, etc. (hereinafter called 'the Trustees') of the other part. WHEREAS it is proposed to erect a serai for the use of travellers, and a committee has been constituted to raise subscriptions for construction of the building and creation of the endowment. AND WHEREAS the trustees are members of such committee. AND WHEREAS the donor has agreed to contribute the piece of land hereinafter described in the schedule below as a site for such serai. NOW THIS DEED WITNESES that in pursuance of such pious wish and desire and as a patron for the proposed serai the said AB does hereby freely, voluntarily and absolutely and subject to the condition hereunder imposed grant; convey transfer and give unto and to the use of the said CD and EF and their successors in office, as trustees as aforesaid. ALL THAT, etc., (describe the property) and valued at ₹........... TO HAVE AND TO HOLD the same as trustees upon trust hereinafter mentioned. And it is hereby AGREED AND DECLARED by and between the parties hereto that the trustees and their successors in office shall from time to time and at all times hereafter stand possessed of the land hereby conveyed and building or buildings to be erected thereon IN TRUST to be used solely and exclusively as a serai for food and shelter of the travellers all through the year free of any charge or other contribution. AND it is hereby further agreed and declared that in case the object of the gift fails; or in the event serai is closed or shifted anywhere or used for any purpose contrary to law or against religion or if the object of the gift is frustrated otherwise for any reason whatsoever - this gift will stand ipso facto revoked and the property shall in that event revert to and revest in the donor or his descendants as may remain alive with all improvements thereon free from any claim on that account as if the gift was never made nor intended unless otherwise directed in an appropriate action by a court of competent jurisdiction. IN WITNESS WHEREOF the donor has executed this deed of a gift and delivered the same to the done who has also executed the same in token acceptance thereof the day, month and year first above written. The Schedule above referred to Signed, Sealed and delivered AB CD EF
Topics: Drafting of Deeds and Documents
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