Saturday, June 18, 2016

Sample Deed of Donation

This is only a sample DEED OF DONATION format.  It could be subject to modifications to suit the purpose/s of its execution and requirements of the parties.  It is advisable that before an execution of any legal document, one must seek legal advice or assistance from a Lawyer.

Legal Notes:
Donation is an act of liberality whereby a person disposes gratuitously of a thing or right in favor of another, who accepts it.

When a person gives to another a thing or right on account of the latter's merits or of the services rendered by him to the donor, provided they do not constitute a demandable debt, or when the gift imposes upon the donee a burden which is less than the value of the thing given, there is also a donation.
(Article 725-726, Civil Code of the Philippines)


DEED OF DONATION

KNOW ALL MEN BY THESE PRESENTS:

This Deed of Donation is made and executed by and between:

________________________, single/married to ________________ and with residence and postal address at ___________________________________, and hereinafter referred to as the “DONOR”;

- and –

________________________, single/married to _______________________, Filipino, and with residence and postal address at ___________________________________,  herein referred to as the “DONEE”.


WITNESSETH, THAT:

  1. The DONOR is registered owner of a parcel of land located at ______________________________, with area of more or less _______sq.m. and covered by TCT No. ___________ of the Registry of Deeds of ____________, and  more particularly described as follows:

(please indicate the technical description here)


  1. The DONEE is the nephew of the DONOR, who has been the latter’s dedicated and unselfish companion and personal caregiver for the last ten (10) years;

  1. FOR AND IN CONSIDERATION of the all the unselfish help, trust, fidelity, and affection shown by the DONEE to the DONOR, and as an act of gratitude and liberality on her part, the DONOR hereby voluntarily GIVES, TRANSFERS, and CONVEYS by way of donation, unto the DONEE, her heirs, assigns, and successors-in-interest, the above described realty, together with all the improvements found thereon, free from all liens, encumbrances and charges of whatever kind;

  1. The DONOR affirms that this donation is not made with intent to defraud her creditors, and that she has sufficient funds and property reserved for herself and her legal obligations;

  1. The DONEE hereby accepts and receives this donation made in her favor by the DONOR, and hereby manifests his gratefulness for the latter’s generosity and liberality.

IN WITNESS WHEREOF, we have hereunto set our hands this ____day of _____________  2015, in the ________________________, Philippines.

____________________
DONOR


With My Acceptance:


____________________
DONEE


Signed in the Presence of:

___________________                             _________________


ACKNOWLEDGEMENT


REPUBLIC OF THE PHILIPPINES )
______________________) Sc.


BEFORE ME, a Notary Public, for and in the ___________________, personally appeared the following and presented their respective Government identification Cards:

Name
Government Issued ID
Date and Place of Issue








known to me to be the same persons who executed the foregoing DEED OF DONATION with DONEE’s acceptance and they acknowledged to me that they executed the same as their free and voluntary act and deed.

I HEREBY CERTIFY that the foregoing document consists of 3 pages including this page, and that the parties and their witnesses signed their names on each page of this instrument.

WITNESS MY HAND AND NOTARIAL SEAL on this day of _________, 2015 in ___________.
                                                                                                                                                            NOTARY PUBLIC




Doc. No.   _______
Page No.   _______
Book No.  ________
Series of 2015.


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