Pontotoc County Gift Deed Form (Oklahoma)

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

Gift Deed Form

Pontotoc County Gift Deed Form

Fill in the blank form formatted to comply with all recording and content requirements.
Included Pontotoc County compliant document last validated/updated 10/3/2024

Gift Deed Guide

Pontotoc County Gift Deed Guide

Line by line guide explaining every blank on the form.
Included Pontotoc County compliant document last validated/updated 6/3/2024

Completed Example of the Gift Deed Document

Pontotoc County Completed Example of the Gift Deed Document

Example of a properly completed form for reference.
Included Pontotoc County compliant document last validated/updated 8/15/2024

When using these Gift Deed forms, the subject real estate must be physically located in Pontotoc County. The executed documents should then be recorded in the following office:

Pontotoc County Clerk

Courthouse - 301 S Broadway, Ada, Oklahoma 74820

Hours: 8:00 to 4:00 M-F

Phone: (580) 332-1425

Local jurisdictions located in Pontotoc County include:

  • Ada
  • Allen
  • Fittstown
  • Fitzhugh
  • Francis
  • Roff
  • Stonewall

How long does it take to get my forms?

Forms are available immediately after submitting payment.

How do I get my forms, are they emailed?

Immediately after you submit payment, the Pontotoc County forms you order will be available for download directly from your account. You can then download the forms to your computer. If you do not already have an account, one will be created for you as part of the order process, and your login details will be provided to you. If you encounter any issues accessing your forms, please reach out to our support team for assistance. Forms are NOT emailed to you.

What does "validated/updated" mean?

This indicates the most recent date when at least one of the following occurred:

  • Updated: The document was updated or changed to remain compliant.
  • Validated: The document was examined by an attorney or staff, or it was successfully recorded in Pontotoc County using our eRecording service.
Are these forms guaranteed to be recordable in Pontotoc County?

Yes. Our form blanks are guaranteed to meet or exceed all formatting requirements set forth by Pontotoc County including margin requirements, content requirements, font and font size requirements.

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 Pontotoc County that you need to transfer you would only need to order our forms once for all of your properties in Pontotoc County.

What are supplemental forms?

Often when a deed is recorded, additional documents are required by Oklahoma or Pontotoc 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.

What type of files are the forms?

All of our Pontotoc 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.

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.

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.

Are there any recurring fees involved?

No. Nothing to cancel, no memberships, no recurring fees.

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. A gift deed 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 includes 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 Oklahoma 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 persons is presumed to create a tenancy in common, unless the conveyance specifically and expressly creates a joint tenancy or tenancy by entirety (60 O.S. 74).

As with any conveyance of real estate, a gift deed requires a complete legal description of the parcel. In Oklahoma, the legal description must provide the information necessary for indexing as required by Section 287 and 291 of Title 19 O.S. (addition, block & lot, section, township & range, and metes & bounds if necessary for the location). Recite the source of title to establish a clear chain of title, and detail any restrictions associated with the property. For any questions regarding a transfer of property affecting Indian Land, refer to the Bureau of Indian Affairs, and contact a lawyer. Record the completed deed at the local County Clerk's office.

In Oklahoma, gift deeds between any persons related within the second degree of consanguinity , without actual consideration, are exempt from the Documentary Stamp tax and must include the following phrase below the title of the document: Exempt Documentary Stamp Tax O.S. Title 68, Article 32 Section 3202, Paragraph 4.

The IRS implements 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. 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, donors should consider filing one for many gifts of real property [2].

In Oklahoma, there is no state gift tax. When a transfer is by gift, no tax withholding is required either [3]. For questions regarding state taxation laws, consult a tax specialist. Gifts of real property in Oklahoma are, however, subject to the federal gift tax. 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].

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

(Oklahoma GD Package includes form, guidelines, and completed example)

Our Promise

The documents you receive here will meet, or exceed, the Pontotoc 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 Pontotoc 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.

4.8 out of 5 - ( 4408 Reviews )

SHERRILL B.

October 10th, 2024

I received prompt attention to the package I submitted. It was submitted promptly the recorders office with a quick turn around for the recorded document. Overall a very pleasant experience.

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Solomon L.

October 10th, 2024

Great communication, this was my first e-recording.

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Donnajean L.

October 9th, 2024

The site is user friendly and uncomplicated.

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Jorge F.

October 15th, 2021

It would be helpful for documents to be in word format as well and for PDF version not to be locked.

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Alan C.

January 20th, 2024

The Transfer on Death Deed paperwork was easy to complete, as it included a detailed guide and a completed example. We encountered no issues recording the document with our County. Thanks to Deeds.com, we were also able to save time and money by utilizing a DIY approach for our situation.

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Renu A.

September 30th, 2020

The service was very reliable and they even helped with filling out the paperwork properly. Very quick turn around and efficient!

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STEPHANIE S.

November 12th, 2020

The documents received and information provided to assist with the recording was exactly what was needed for a successful title transfer. I would highly recommend this site and will continue using it for future transactions.

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August 10th, 2019

Very good. Thanks.

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June 30th, 2021

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September 12th, 2023

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January 7th, 2019

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January 24th, 2019

Great speedy service with access to areas beyond my reach.

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SHIRLEY H.

September 21st, 2022

I like that they have all the forms, but I could not find it they would submit the forms to the recorders office

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Julia M.

June 26th, 2024

I live in AZ and have an existing beneficiary deed on my property. I needed to know the process of revoking a beneficiary deed. Your site was very helpful by providing the correct form and instructions for recording it. Thank you!

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February 11th, 2019

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