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Nov 10
A gift letter is a document that confirms that a financial gift has been given to someone, typically for the purpose of a down payment on a home or other large purchase. The letter usually includes the amount of the gift, the relationship between the giver and the recipient, and a statement that the gift does not need to be repaid. This letter is often required by lenders to verify that the funds used for the down payment are a gift and not a loan that will need to be repaid.
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Google Gemini AI
Nov 10
Gift Letter
Date: [Insert Date]
Donor's Name: [Insert Donor's Name]
Donor's Address: [Insert Donor's Address]
Donor's City, State, Zip Code: [Insert Donor's City, State, Zip Code]
Recipient's Name: [Insert Recipient's Name]
Recipient's Address: [Insert Recipient's Address]
Recipient's City, State, Zip Code: [Insert Recipient's City, State, Zip Code]
Subject: Gift of [Insert Description of Gift]
This Gift Letter serves to confirm the irrevocable gift of the following item(s) from the Donor to the Recipient:
- [Insert Description of Gift]
The Donor hereby declares that:
- The Donor is the sole and rightful owner of the gifted item(s).
- The Donor has the absolute right to gift the item(s) to the Recipient.
- The gifted item(s) are free and clear of any liens, encumbrances, or other claims.
- The gift is made without any conditions or expectations of any compensation or return from the Recipient.
- The Recipient accepts the gift freely and unconditionally.
The Recipient shall have full and complete ownership and possession of the gifted item(s) from the date of this Gift Letter. The Recipient may use, enjoy, sell, or otherwise dispose of the gifted item(s) as they see fit.
This Gift Letter constitutes the entire agreement between the Donor and the Recipient regarding the gifted item(s). Any prior agreements or understandings are hereby superseded.
Signatures:
Donor's Signature: _____________________________
Date: _____________________________
Recipient's Signature: _____________________________
Date: _____________________________
Notary Acknowledgment:
State of [Insert State]
County of [Insert County]
On this [Insert Date], before me, a Notary Public duly commissioned in and for the State of [Insert State], personally appeared [Insert Donor's Name], who proved to me on the basis of satisfactory evidence to be the person(s) whose name(s) is/are subscribed to the within instrument and acknowledged that he/she/they executed the same in his/her/their authorized capacity(ies), and that by his/her/their signature(s) on the instrument the person(s), or the entity upon behalf of which the person(s) acted, executed the instrument.
Notary Signature: _____________________________
Notary Name (Printed): _____________________________
Date: [Insert Date]
Donor's Name: [Insert Donor's Name]
Donor's Address: [Insert Donor's Address]
Donor's City, State, Zip Code: [Insert Donor's City, State, Zip Code]
Recipient's Name: [Insert Recipient's Name]
Recipient's Address: [Insert Recipient's Address]
Recipient's City, State, Zip Code: [Insert Recipient's City, State, Zip Code]
Subject: Gift of [Insert Description of Gift]
This Gift Letter serves to confirm the irrevocable gift of the following item(s) from the Donor to the Recipient:
- [Insert Description of Gift]
The Donor hereby declares that:
- The Donor is the sole and rightful owner of the gifted item(s).
- The Donor has the absolute right to gift the item(s) to the Recipient.
- The gifted item(s) are free and clear of any liens, encumbrances, or other claims.
- The gift is made without any conditions or expectations of any compensation or return from the Recipient.
- The Recipient accepts the gift freely and unconditionally.
The Recipient shall have full and complete ownership and possession of the gifted item(s) from the date of this Gift Letter. The Recipient may use, enjoy, sell, or otherwise dispose of the gifted item(s) as they see fit.
This Gift Letter constitutes the entire agreement between the Donor and the Recipient regarding the gifted item(s). Any prior agreements or understandings are hereby superseded.
Signatures:
Donor's Signature: _____________________________
Date: _____________________________
Recipient's Signature: _____________________________
Date: _____________________________
Notary Acknowledgment:
State of [Insert State]
County of [Insert County]
On this [Insert Date], before me, a Notary Public duly commissioned in and for the State of [Insert State], personally appeared [Insert Donor's Name], who proved to me on the basis of satisfactory evidence to be the person(s) whose name(s) is/are subscribed to the within instrument and acknowledged that he/she/they executed the same in his/her/their authorized capacity(ies), and that by his/her/their signature(s) on the instrument the person(s), or the entity upon behalf of which the person(s) acted, executed the instrument.
Notary Signature: _____________________________
Notary Name (Printed): _____________________________
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