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Deed Conveying Condominium Unit To Charity
with Reservation of Life Tenancy in Donor and Donor's Spouse
THIS INDENTURE, made on [date], by [name] residing at [address] (Grantor) to [name of institution], an educational institution chartered by the State of [State] with principal offices at [address] (Grantee).
WITNESSETH, that the Grantor as an irrevocable gift does hereby grant and release unto the Grantee its successors and assigns forever:
The following real estate consisting of a condominium apartment located in the State of [State], County of [County], more fully described as follows:
TOGETHER with the appurtenances and all the estate and rights of the Grantor in and to said premises;
SUBJECT to the reservation by the Grantor in himself and [name], his spouse, of the right to enjoy full and exclusive possession of the aforesaid premises including the right to occupy said premises and reside therein and to enjoy the rents, issues, and profits of said property undisturbed by the Grantee, its successors, and assigns for so long as either shall live;
TO HAVE AND TO HOLD the premises herein granted to the Grantee, its successors and assigns forever
IN WITNESS WHEREOF, the Grantor has executed this deed the day and year first above written.
This Section for Notary:
State of _________
County of ________ [County]
On [Date] before me, [Name of Notary], notary, personally appeared [Name of Person(s) Involved], personally known to me (or proved to me on the basis of satisfactory evidence) to be the person(s) whose name(s) is/are subscribed to the within instrument and acknowledged to me that he/she/they executed the same in his/her/their authorized capacity(ies), and that by his/her/their signature(s) on the instrument the person(s), or the entity upon behalf of which the person(s) acted, executed the instrument.
Witness my hand and official seal.
My commission expires: _____