Garage Gift Agreement

This is a working sample of a garage gift agreement under Ukrainian law. It is intended for a garage that is already a separate real estate object and whose title can be confirmed from registration records and title documents.

If the garage is part of a cooperative, check the cooperative papers, technical data, and the title basis before notarisation. If the garage is joint marital property, a notarised consent of the other spouse is needed. Tax treatment depends on the parties' relationship and residency status, so that point should be checked separately before signing.

Garage Gift Agreement
City of Kyiv, [date]

We, [full name of the Donor], tax number [number], passport [details], residing at [address], on the one side, and [full name of the Donee], tax number [number], passport [details], residing at [address], on the other side, hereinafter referred to as the Donor and the Donee, being of sound mind and acting voluntarily, in the presence of [full name of the notary, notarial district], have entered into this agreement as follows:

1. The Donor gratuitously transfers ownership of garage (box) No. __, floor __, located in the garage-building cooperative [name] at [address], to the Donee, and the Donee accepts it.
2. The Donor's title to the garage is confirmed by [title document, details]. If the title has already been registered, the relevant information is contained in the State Register of Real Rights to Immovable Property and their Encumbrances.
3. The garage area is __ sq. m. If technical documentation was prepared, the total area and other technical data are stated according to that documentation.
4. The parties value the gift at __ UAH. This value is used for the agreement and, if needed, for tax purposes.
5. The Donor states that at the time of signing this agreement the garage has not been sold, gifted, or otherwise alienated to anyone else, is not under arrest, pledge, mortgage, tax lien, or any other encumbrance, no dispute is pending, no third-party rights exist, and it has not been contributed to the charter capital of a legal entity and is not the subject of a will or inheritance contract.
6. If the garage is joint marital property, this agreement is executed with the notarised consent of the other spouse, [full name], the authenticity of whose signature is certified separately. If the garage is the Donor's personal private property, no such consent is required.
7. Unless the parties agree otherwise, the Donor pays the costs of drafting this agreement, notarisation, state registration of title, and other mandatory payments under Ukrainian law.
8. This agreement must be notarised. The Donee's ownership arises from the moment of state registration of title after notarisation of this agreement. The Donee's receipt of the copy of the agreement is deemed acceptance of the gift.
9. The Donor understands that a gift agreement is gratuitous and has no right to demand any property or non-property performance from the Donee unless the law expressly provides otherwise.
10. The Donor states that he or she is not aware of any defects or special characteristics of the gifted property that could endanger the Donee's life, health, or property.
11. The parties are familiar with Articles 182, 717-719 and 722 of the Civil Code of Ukraine, Articles 57, 60 and 65 of the Family Code of Ukraine, and the current tax rules applicable to gifts under the Tax Code of Ukraine.
12. The content of this agreement is clear to them, and there are no unresolved issues.
13. The agreement is drawn up in two copies: one retained by the notary and the other issued to the Donee.

The notary has explained the legal consequences of this agreement and the cited provisions to the parties.