Deeds.com Real Estate Deeds
Deeds.com Account
Sign In

New Jersey - Somerset County Gift Deed Forms

Express Checkout (Download)

Form Package
Gift Deed
State
New Jersey
Area
Somerset County
Price
$27.97
Delivery
Immediate Download

Payment Information

Included Forms

All Somerset County specific forms and documents listed below are included in your immediate download package:


Somerset County Gift Deed Form Page 1

Gift Deed Form - Somerset County

Fill in the blank form formatted to comply with all recording and content requirements.
Included document last updated 6/14/2022

Somerset County Gift Deed Guide Page 1

Gift Deed Guide - Somerset County

Line by line guide explaining every blank on the form.
Included document last updated 8/19/2022

Somerset County Completed Example of the Gift Deed Document Page 1

Completed Example of the Gift Deed Document - Somerset County

Example of a properly completed form for reference.
Included document last updated 4/20/2022

Included Supplemental Documents

The Following New Jersey and Somerset County supplemental forms are included as a courtesy with your order.


County Cover Sheet (Somerset County Document)


Nonresident Seller Tax Declaration GIT/REP-1 (Somerset County Document)


Affidavit of Consideration for Seller / RTF-1 (Somerset County Document)


Certificate of Acknowledgment (Somerset County Document)


Resident Decedent Estate Tax Return (Somerset County Document)


Nonresident Seller Tax Prepayment Receipt GIT/REP-2 (Somerset County Document)


Affidavit of Consideration for Buyer / RTF-1EE (Somerset County Document)


Jurat (Somerset County Document)


Affidavit of Resident Decedent Requesting Real Property Tax Waiver / L-9 (Somerset County Document)


Seller Residency Certification/Exemption GIT/REP-3 (Somerset County Document)


Waiver of Seller Filing Requirement GIT/REP-4 (Somerset County Document)


Waiver for Corrected Deed GIT/REP-4a (Somerset County Document)


Seller Tax Form FAQs (Somerset County Document)


Affidavit of Consideration for Buyer / RTF-1EE (New Jersey Document)


Affidavit of Consideration for Seller / RTF-1 (New Jersey Document)


Seller Tax Form FAQs (New Jersey Document)


Waiver of Seller’s Filing Requirement of GIT/REP Forms and Payment GIT/REP-4 (New Jersey Document)


Affidavit of Resident Decedent Requesting Real Property Tax Waiver / L-9 (New Jersey Document)


Waiver for Corrected Deed GIT/REP-4a (New Jersey Document)


Resident Decedent Estate Tax Return (New Jersey Document)


Certificate of Acknowledgment (New Jersey Document)


Jurat (New Jersey Document)


Frequently Asked Questions:

  • How long does it take to get my forms?
    • Forms are available immediately after submitting payment.
  • What are supplemental forms?
    • Often when a deed is recorded additional documents are required by New Jersey or Somerset County. These could be tax related, informational, or even as simple as a coversheet. Supplemental forms are provided for free with your order where available.
  • How do I get my forms, are they emailed?
    • After you submit payment you will see a page listing the Somerset County forms you ordered with a download link to the pdf form file. You download the forms to your computer. You will also receive an email with a link to your download page in case you need it later.
  • What type of files are the forms?
    • All of our Somerset County Gift Deed forms are PDFs. You will need to have or get Adobe Reader to use our forms. Adobe Reader is free software that most computers already have installed.
  • Can the Gift Deed forms be re-used?
    • Yes. You can re-use the forms for your personal use. For example, if you have more than one property in Somerset County that you need to transfer you would only need to order our forms once for all of your properties in Somerset County.
  • Are these forms guaranteed to be recordable in Somerset County ?
    • Yes. Our form blanks are guaranteed to meet or exceed all formatting requirements set forth by Somerset County including margin requirements, content requirements, font and font size requirements.
  • Do I have to enter all of my property information online?
    • No. The blank forms are downloaded to your computer and you fill them out there, at your convenience.
  • Can I save the completed form, email it to someone?
    • Yes, you can save your deed form at any point with your information in it. The forms can also be emailed, blank or complete, as attachments.
  • Do I need any special software to use these forms?
    • You will need to have Adobe Reader installed on your computer to use our forms. Adobe Reader is free software that most computers already have installed.
  • Are there any recurring fees involved?
    • No. Nothing to cancel, no memberships, no recurring fees.

Areas covered by these Gift Deed Forms:

  • Somerset County

Including:

  • Basking Ridge
  • Bedminster
  • Belle Mead
  • Bernardsville
  • Blawenburg
  • Bound Brook
  • Bridgewater
  • Far Hills
  • Flagtown
  • Franklin Park
  • Gladstone
  • Hillsborough
  • Kingston
  • Liberty Corner
  • Lyons
  • Manville
  • Martinsville
  • Neshanic Station
  • Peapack
  • Pluckemin
  • Raritan
  • Rocky Hill
  • Skillman
  • Somerset
  • Somerville
  • South Bound Brook
  • Warren
  • Watchung
  • Zarephath

What is the New Jersey Gift Deed?

Gifts of Real Property (Real Estate) in New Jersey

A gift deed, or deed of gift, is a legal document voluntarily transferring title to real property from one party (the grantor or donor) to another (the grantee or donee). A gift deed typically transfers real property between family or close friends. Gift deeds are also used to donate to a non-profit organization or charity. The deed serves as proof that the transfer is indeed a gift and without consideration (any conditions or form of compensation).

Valid deeds must meet the following requirements: The grantor must intend to make a present gift of the property, the grantor must deliver the property to the grantee, and the grantee must accept the gift. Gift deeds must contain language that explicitly states no consideration is expected or required, because any ambiguity or reference to consideration can make the deed contestable in court. A promise to transfer ownership in the future is not a gift, and any deed that does not immediately transfer the interest in the property, or meet any of the aforementioned requirements, can be revoked [1].

A lawful gift deed must also include the grantor's full name and marital status, as well as the grantee's full name, marital status, mailing address, and vesting. Vesting describes how the grantee holds title to the property. For New Jersey residential property, the primary methods for holding title are tenancy in common, joint tenancy, and tenancy by entirety. A grant of ownership of real estate to two or more unmarried persons is presumed to create a tenancy in common, unless otherwise stated in the conveyance (N.J.S.A. 46:3-17). In the case of a married couple, a tenancy by entirety is presumed unless stated otherwise (N.J.S.A 46:3-17.2).

As with any conveyance of real estate, a gift deed requires a complete legal description of the parcel. Recite the source of title to establish a clear chain of title, and detail any restrictions associated with the property. Deeds in New Jersey must also contain a tax map reference (N.J.S.A. 46:15-1.1). Record the completed deed at the local County Clerk's office.

All Gift Deeds in New Jersey are exempt from the realty transfer fee pursuant to N.J.S.A. 46:15-10(6)(a), and an affidavit stating the basis for this exemption must be attached to the deed. Consult a tax specialist with any questions.

The IRS levies a Federal Gift Tax on any transfer of property from one individual to another with no consideration, or consideration that is less than the full market value. Gifts of real property in New Jersey are subject to this federal gift tax. In accordance with federal law, individuals are permitted an annual exclusion of $15,000 on gifts. This means that gifts valued below $15,000 do not require a federal gift tax return (Form 709). Even so, grantors should consider filing one for many gifts of real property [2]. The grantor is responsible for paying the federal gift tax; however, if the grantor does not pay the gift tax, the grantee will be held liable [1].

In New Jersey, there is no state gift tax. For questions regarding state taxation laws, consult a tax specialist.

With gifts of real property, the recipient of the gift (grantee) is not required to declare the amount of the gift as income, but if the property accrues income after the transaction, the recipient is responsible for paying the requisite state and federal income taxes [3].

This article is provided for informational purposes only and is not a substitute for the advice of an attorney. Contact a lawyer with any questions about gift deeds or other issues related to the transfer of real property. For questions regarding federal and state taxation laws, consult a tax specialist.

[1] https://nationalparalegal.edu/public_documents/courseware_asp_files/realProperty/PersonalProperty/InterVivosGifts.asp
[2] http://msuextension.org/publications/FamilyFinancialManagement/MT199105HR.pdf
[3] https://www.irs.gov/businesses/small-businesses-self-employed/frequently-asked-questions-on-gift-taxes

Our Promise

The documents you receive here will meet, or exceed, the Somerset County recording requirements for formatting. If there's an issue caused by our formatting, we'll make it right and refund your payment.

Save Time and Money

Get your Somerset County Gift Deed form done right the first time with Deeds.com Uniform Conveyancing Blanks. At Deeds.com, we understand that your time and money are valuable resources, and we don't want you to face a penalty fee or rejection imposed by a county recorder for submitting nonstandard documents. We constantly review and update our forms to meet rapidly changing state and county recording requirements for roughly 3,500 counties and local jurisdictions.

Customer Reviews:

4.8 out of 5 (3720 Reviews)


September 28th, 2022

Name: Ming Z.

Review: Definitely 5 Stars !

Reply from Staff on September 28th, 2022

Thank you!


September 26th, 2022

Name: Sam A.

Review: User friendly website and deeds are very easy to maneuver. I'm very happy with everything Deeds.com has to offer. It truly helped me with the business that I had to take care of.

Reply from Staff on September 26th, 2022

Thank you!


September 26th, 2022

Name: Patricia R.

Review: Great Transaction. Easy to follow instructions!

Reply from Staff on September 26th, 2022

We appreciate your business and value your feedback. Thank you. Have a wonderful day!


Name: Dianna K.

Review: Excellent customer service - couldnt have been any more helpful, with a smile I could hear through the phone!

Reply from Staff

Thank you!


Name: ALICIA G.

Review: To set the service was incredibly easy and the results came back very fast. Very reasonable price.

Reply from Staff

Thank you for your feedback. We really appreciate it. Have a great day!


Name: JOYCE R.

Review: I am a tax attorney and had worked as a Valuation Engineer with Internal Revenue Service. I can access (almost immediately) complete title reports and transactions history of real estate transfers. It is a joy to have access to your valuable service. JOYCE REBHUN,JD,MBA,PhD,EA

Reply from Staff

Thank you for your feedback. We really appreciate it. Have a great day!


Name: Lauren W.

Review: I took a chance and downloaded the Beneficiary Deed form -- would have liked to have been able to see the form before I paid, but I took a chance as everywhere else I looked online wanted me to fill out form online and then pay $30+ for each deed. I'm doing several, so I was glad to be able to just download the blank form that appears to be one I can directly type into on my computer. Yay! Would use your site again if needed. Thanks!

Reply from Staff

We appreciate your business and value your feedback. Thank you. Have a wonderful day!


Name: Peter N.

Review: Your website was easy to use and I was able to accomplish my task. Thank You very much.

Reply from Staff

Thank you for your feedback. We really appreciate it. Have a great day!


Name: Sharon G.

Review: I could not be happier with the service afforded by Deeds.com. After having been directed to two other organizations who purportedly performed this service and being told they could not accommodate me, I found Deeds.com. The website is extremely easy to use, the directions are clear and concise. The site updated me regularly as the documents were progressing through the process, and the detailing of costs was great. The turn-around -- which isn't completely in the hands of the site -- was incredibly quick. I'd use this group again without reservation. As a person who'd have to otherwise travel almost five hours to record, this has been heaven-sent!

Reply from Staff

We appreciate your business and value your feedback. Thank you. Have a wonderful day!


Name: GARY S.

Review: I thought your forms are great. Easy to use with instructions provided.

Reply from Staff

We appreciate your business and value your feedback. Thank you. Have a wonderful day!


Name: Richard C.

Review: Amazing from start to finish!

Reply from Staff

Thank you for your feedback. We really appreciate it. Have a great day!


Name: Caroline M. L.

Review: Hopefully, I am on the correct site to transfer ownership of a time share to my son. I am a senior, and this site is easy to follow if I am on the correct site. : )

Reply from Staff

Thank you for your feedback. We really appreciate it. Have a great day!


Name: Shellie J.

Review: Documents are great and easy to use, just wish there was a page helping to know where to mail documents to with an amount since it tells you mailing in is an option.

Reply from Staff

Thank you for your feedback. We really appreciate it. Have a great day!


Name: Kevin H.

Review: I was able to find the forms I needed and questions answered

Reply from Staff

Thank you for your feedback. We really appreciate it. Have a great day!


Name: Deneene C.

Review: Was a great help to me. I'm very pleased .

Reply from Staff

Thank you!


Deeds.com Real Estate Deeds

Use of Deeds.com Legal Forms. On our Site we make available for use self-help "fill in the blank" forms. If you use a form on our Site, you explicitly agree to our Terms of Use. You understand and agree that your purchase and/or use of a form document is neither legal advice nor the practice of law, and that each form and any applicable instructions or guidance is not customized to your particular needs, not guaranteed or warranted to be current, up to date, or accurate.

NO WARRANTY. Do It Yourself Legal Forms available on our Website are not guaranteed to be usable, correct, up to date, or fit for any legal purpose. Use of any Do It Yourself Legal Form from our website is done so AT YOUR OWN RISK.

If you use any Do It Yourself Legal Form available on Deeds.com, you agree that: TO THE EXTENT PERMITTED BY APPLICABLE LAW, IN NO EVENT WILL WE BE LIABLE FOR DAMAGES OF ANY KIND (INCLUDING, WITHOUT LIMITATION, LOST PROFITS OR ANY SPECIAL, INCIDENTAL, OR CONSEQUENTIAL DAMAGES) ARISING OUT OF OR IN CONNECTION WITH THE LEGAL FORMS OR FOR ANY INFORMATION OR SERVICES PROVIDED TO YOU THROUGH THE DEEDS.COM WEBSITE. TO THE EXTENT THE FOREGOING LIMITATION OF LIABILITY IS PROHIBITED, OUR SOLE OBLIGATION TO YOU FOR DAMAGES WILL BE LIMITED TO $100.00.

Nothing on this website should be considered a substitute for the advice of an attorney.

© DEEDS.COM INC. 1997 - 2022 ALL RIGHTS RESERVED | (330) 606-0119 | P.O. Box 5264, Fairlawn, OH 44334