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LSDefine

Simple English definitions for legal terms

gift deed

Read a random definition: Doctor of Jurisprudence

A quick definition of gift deed:

A gift deed is a written document that transfers ownership of property from one person to another as a gift, without any payment in return. It is a type of deed, which is a legal document that shows who owns a piece of land or property. A gift deed is usually given for love and affection or for a nominal sum of money. It is a way for someone to give a gift of property to another person without any strings attached.

A more thorough explanation:

A gift deed is a type of legal document that transfers ownership of property from one person to another without any exchange of money or other consideration. It is a type of deed, which is a written instrument used to convey an interest in real property.

For example, if a parent wants to give their child a piece of property as a gift, they can use a gift deed to transfer ownership. The child would become the new owner of the property without having to pay for it.

Another example would be if a person wants to donate land to a charity. They can use a gift deed to transfer ownership of the land to the charity without any exchange of money.

Gift deeds are often used for estate planning purposes, as they can help to avoid probate and transfer property to heirs without the need for a will.

GIC | gift enterprise

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Dkk
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Med law easy done
medicine is a scam
join the ethically ambiguous legal field instead
Dkk
18:57
I want to meet an attorney that defends clients who run into flat earth problems. I want an attorney that knows and believes in flat earth theory.
19:05
i want a flat earther for president. i want a guy who posts on 4chan for president. i want someone who mogs for president.
Dkk
19:18
Exactly. My version of that awful poem.
Dkk
19:19
I can accept a president with maybe one or two of the poems traits hut good God, all of them??? No ty.
windyMagician
19:20
president who respects sex is crazy
windyMagician
19:20
we had bill clinton already
Dkk
19:21
Bill Clinton, first and last black president
windyMagician
19:23
I want to go running but my leg feels weird
windyMagician
19:23
it doesn't hurt its just tingly
Dkk
19:26
It needs more alcohol. You tingle when your nerves need watering.
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try stretching it maybe to see what's up
windyMagician
19:27
stretches make me think it's just soreness
windyMagician
19:27
I'm sober lol
Dkk
19:38
Anyone else get the google notification that your LSD password has been compromised lol. LSD got hacked.
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what.jpg @Dkk
CynicalOops
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You think you just fell out of a coconut tree?
jackfrost11770
21:10
nope dk
CynicalOops
22:37
Calvinamala Harris
jackfrost11770
23:16
should i start using letterboxed again
Dkk
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@jackfrost11770: if you want but like it aint for me
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