Which of the following is sufficient for a gift of real property to be valid?

A) Delivery of a properly executed deed
B) Possession of the property
C) Actual possession of the property
D) An oral declaration

Valid Gift

A legally recognized transfer of property or assets from one individual to another without the expectation of payment or compensation.

Real Property

Real estate comprising the ground and any structures or natural features permanently affixed, such as homes and foliage.

Properly Executed Deed

A legal document that has been completed correctly, meeting all necessary formalities to transfer ownership of property.