What is Deed Of Gift?

Legal Definition
A deed of gift is a signed document that voluntarily and without recompense transfers ownership of real, personal, or intellectual property – such as a gift of materials – from one person or institution to another. It should include any possible conditions specifying access, use, preservation, etc. of the gift, although these are generally discouraged by recipient institutions.
-- Wikipedia
Legal Definition
Voluntarily transferring the title of property without the value being considered.