Gift in Consideration
of Marriage
This deed of
settlement is made at ............ On this ............... Day of
....…………....,2000, between a son of b resident of ............... (hereinafter
called "the settlor") of the one part and shri c son of shri
......... Resident of .......... (hereinafter called "the
beneficiary") of the other part.
WHEREAS the Settlor
is the exclusive owner of the property, more particularly described in the
Schedule hereto and hereinafter called the said property.
And Whereas at the
request of the Settlor, the beneficiary has agreed to marry the daughter of
Settlor Kum. .............. on ............... according to Hindu rites.
Now This Deed
Witnesseth As Follows:
1.
That
in consideration of the said marriage, the Settlor hereby transfers, conveys,
grants and assures unto and to the use of the beneficiary all that property
more particularly described in the Schedule hereto, to hold the same to the
beneficiary as absolute owner, subject to the following conditions.
2.
That
the beneficiary hereby covenants with the Settlor that on failure of the said
marriage, the beneficiary shall reconvey the said property to the Settlor at
his own costs.
3.
That
the physical possession of the said property has been delivered by the Settlor
to the beneficiary.
4.
That
the estimated value of the property hereby transferred is Rs . ...........
IN WITNESS WHEREOF,
the parties have set their hands to this on the day and year first above
mentioned.
The Schedule above
referred to
(Particulars of the
property to be transferred)
Signed and delivered
by the within named Settlor
Signed and delivered
by the within named beneficiary
WITNESSES;
1.
2.