Donation of property to a family member

donation of property to a family member

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You can transfer your Italian property to your son by means of donation deed (in Italian �atto di donazione�) through a Power of Attorney. You can complete a Grant Deed, or a Warranty Deed, to indicate that the property is yours to transfer, and file that deed with the local recorder. In Italy, gifting movable and immovable assets is an act whereby someone (the donor) transfers assets to someone else (the donatee). The gift must be made of.
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Italy is a nation plagued by ageing and inefficient homes. Since you purchased the property rather recently, the transaction formalities should be relatively straightforward to address and should take approximately six weeks to complete. Read our Privacy and Cookie Policy. Sign In now.