Gift Deed
A Gift Deed is a legal document that describes the voluntary transfer of gift from a donor (owner of property) to a donee (receiver of gift) without any exchange of money.
Last updated October 23, 2025
Suitable for Australia
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Frequently asked questions
Use this Gift Deed if:
- You want to create a valid and documented record of the movement of goods or property.
- You wish to legally transfer ownership from one party to another.
What does this Gift Deed Cover?
- Records the gift of goods or property
- Follows terms and conditions such as ensuring the property has no existing claims
- Description of goods or property being transferred
- Transfers ownership and responsibility of the property
View Sample Gift Deed
The Legal Risk Score of a Gift Deed Template is Medium
Our legal team have marked this document as medium risk considering:
- There is a risk that the donor may not be the true owner of the goods and property, or the items might be encumbered, despite the donor's guarantee of sole ownership and freedom from claims.
- The document lacks explicit provisions for revocation or amendment, which means once the deed is executed, the donor cannot retract or modify the gift under the terms laid out in this deed.
- The document has to be properly executed as a deed in order to be effective.
Articles about Gift Deed
What is the Difference Between Deeds and Agreements?
Interested in learning more about the differences between deeds and agreements? This blog will explain everything you need to know.
What is an In Specie Transfer?
When a business transfers the asset as it is, instead of cash received by selling the asset, it is called an in specie transfer.
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Inheritance Transfers: Legal Complexities
The transfer of wealth from one generation to the next through inheritance is a significant event that affects many Australian families.
A Guide to in-specie Transfers
Sometimes it's better to transfer assets as they are, instead of their cash value. Find out how this is possible with in-specie transfers.
Corporate vs Individual Trustee: Key Differences - Lawpat
Considering establishing a trust? Unsure about what type of trustee you need? Find out here what you need to know about corporate and individual trustees.
Joint Tenants vs Tenants in Common (2025 Update)
Looking to purchase a property, but don't know how you should allocate ownership? Read this article to find out about joint tenants and tenants in common.
What is a Deed and How Do You Execute One?
Knowing what a deed is and how to execute one can be vitally important for any business owner or individual alike. Read on here.
Can A Trustee Be A Beneficiary Of A Discretionary Trust?
Have you ever wondered whether a trustee can be a beneficiary of a discretionary trust? Check out this article to find out.
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