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A gift, in the law of property, is the voluntary and immediate transfer of property from one person (the donor or grantor) to another (the donee or grantee) without consideration. There are several type of gifts in property law, most notably inter vivos gifts which are made in the donor's lifetime and causa mortis (deathbed) gifts which are ...
English-Filipino legal dictionary. Quezon City, Philippines: Sentro ng Wikang Filipino, University of the Philippines, 1995. Theo B. Rood. Glossarium: A compilation of Latin words and phrases generally used in law with English translations. Bryanston, South Africa: Proctrust Publications, 2003. Jan Scholtemeijer & Paul Hasse.
At common law, for a gift to have legal effect, it was required that there be (1) intent by the donor to give a gift, and (2) delivery to the recipient of the item to be given as a gift. In some countries, certain types of gifts above a certain monetary amount are subject to taxation. For the United States, see Gift tax in the United States.
Today, the two words are often used interchangeably due to their combination in many wills as devise and bequeath, a legal doublet. The phrase give, devise, and bequeath, a legal triplet, has been used for centuries, including the will of William Shakespeare. The word bequeath is a verb form for the act of making a bequest. [3]
At common law, this was the name of a mixed action (springing from the earlier personal action of ejectione firmae) which lay for the recovery of the possession of land, and for damages for the unlawful detention of its possession. The action was highly fictitious, being in theory only for the recovery of a term for years, and brought by a ...
Assignment [a] is a legal term used in the context of the laws of contract and of property.In both instances, assignment is the process whereby a person, the assignor, transfers rights or benefits to another, the assignee. [1]
Dāna (Devanagari: दान, IAST: Dāna) [2] is a Sanskrit and Pali word that connotes the virtue of generosity, charity or giving of alms, in Indian religions and philosophies. [3] [4]: 634–661 In Hinduism, Buddhism, Jainism, and Sikhism, dāna is the practice of cultivating generosity.
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