Gift Letter for Land Purchase
[YOUR NAME]
240 Conaway Street
Bloomington, IN 47408
Email: YourEmail@domain.com
December 15, 2050
Claudette Collins,
926 Rollins Road
Mccook, NE 6900
Dear Claudette Collins,
I hope this letter finds you in good health. I am writing to let you know that I intend to give you a gift without any expectation of repayment or compensation. It is a token of my goodwill and sentiment towards you. I would like to transfer an asset to you as a gesture of my appreciation.
I am voluntarily transferring a three-bedroom property located at 789 Boulevard Avenue, 2893 Bassell Avenue Vilonia, AR 72173. The property is currently appraised at an estimated market value of approximately $800,000. I am making this gift willingly, and my decision is irrevocable.
As is requisite in such instances, I hereby confirm that there is no pre-existing debt on the said property. Further, I affirm that I am the sole owner and have the legal authority to gift the property. I also confirm that our relationship is that of long-time friends and this is not a business transaction.
I kindly ask you to accept this gift and hope that you will find it as valuable as intended. Kindly seek the legal services of an attorney to facilitate the transfer of ownership. If there are any further details or paperwork required in this process, please do not hesitate to let me know.
Yours sincerely,
[YOUR NAME]
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