MLchartDataset catalogue

Gift

Term · Law · MLC-T-LAW-002313

A voluntary transfer of property from one person (the donor) to another (the donee) without consideration or compensation. For a gift to be legally effective, there must be an intent to give, delivery of the property, and acceptance by the donee. Gifts can be inter vivos, meaning made during the donor's lifetime, or testamentary, made through a will.

Table 1. Record
IdentifierMLC-T-LAW-002313
FieldLaw
Record as JSON 
{
  "id": "MLC-T-LAW-002313",
  "term": "Gift",
  "field": "Law",
  "definition": "A voluntary transfer of property from one person (the donor) to another (the donee) without consideration or compensation. For a gift to be legally effective, there must be an intent to give, delivery of the property, and acceptance by the donee. Gifts can be inter vivos, meaning made during the donor's lifetime, or testamentary, made through a will.",
  "url": "https://mlchart.com/terminology/law/gift/"
}

Record 2,222 of 5,441 in Law terminology (MLC-0107). Request the full dataset.