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Deed Of Acceptance Of Donation Template for Philippines

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Key Requirements PROMPT example:

Deed Of Acceptance Of Donation

"I need a Deed of Acceptance of Donation for a residential property in Manila being donated by my mother, with the condition that the property cannot be sold for 10 years after transfer, to be executed by March 2025."

Document background
The Deed of Acceptance of Donation is a critical legal instrument in Philippine property and donation law, required whenever a donation of property takes place. This document is mandated by the Civil Code of the Philippines to formalize the donee's acceptance of the donated property and complete the donation process. It is used when receiving gifts of real estate, personal property, or other valuable assets, and must be executed in accordance with Philippine legal requirements, including proper notarization. The deed typically includes details of the donated property, acknowledges the donor's generosity, confirms the donee's acceptance, and outlines any conditions attached to the donation. It serves multiple purposes, including establishing legal ownership, facilitating property registration, and satisfying tax documentation requirements.
Suggested Sections

1. Parties: Identification of the Donor and Donee with complete names, civil status, addresses, and citizenship

2. Background: Recitals explaining the context of the original donation, reference to the Deed of Donation, and its date of execution

3. Definitions: Definition of key terms used in the document, including references to the Property and relevant documents

4. Acknowledgment of Donation: Reference to the specific donation being accepted, including details of the Deed of Donation

5. Declaration of Acceptance: Formal statement of acceptance of the donation by the Donee

6. Acknowledgment of Receipt: Confirmation of receipt of the donated property, if applicable

7. Undertakings: Donee's commitments and obligations regarding the donated property

8. Execution: Formal closing section with date and signature blocks

Optional Sections

1. Conditions of Acceptance: Used when the donation comes with specific conditions or terms that the Donee must acknowledge

2. Tax Declarations: Include when there are specific tax implications that need to be acknowledged

3. Warranties: Used when the Donee needs to make specific warranties about their capacity to accept or use the donation

4. Multiple Beneficiaries: Required when there are multiple Donees accepting the donation

5. Property Management: Include when the donated property requires specific management commitments

6. Governing Law and Jurisdiction: Optional section for complex donations or when parties are in different jurisdictions

7. Language Declaration: Include when the deed is executed in multiple languages

Suggested Schedules

1. Property Description: Detailed description of the donated property, including technical specifications, boundaries, or serial numbers

2. Copy of Deed of Donation: Attached copy of the original Deed of Donation being accepted

3. Property Documents: Relevant property documents such as titles, certificates, or registration papers

4. Tax Certificates: Copies of relevant tax declarations or certificates

5. Authority Documents: Documents proving the authority of signatories to execute the deed

6. Proof of Identity: Copies of identification documents of the parties

Authors

Alex Denne

Head of Growth (Open Source Law) @ Ƶ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

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