In real estate, a Donee is a person or entity that receives property as a gift, rather than through a sale or exchange for value. The transfer is made voluntarily by the owner, known as the donor, and typically occurs through a deed that conveys title without consideration.
A donee receives the property subject to any existing liens, restrictions, or encumbrances, and the transfer may have tax or legal implications for one or both parties. Gift transfers involving real property must still meet legal requirements for a valid conveyance, including proper execution, delivery, and acceptance of the deed.
