Gift of equity letter template: Fill out & sign online

Here's how it works

01. Edit your gift of equity letter template online

Type text, add images, blackout confidential details, add comments, highlights and more.

02. Sign it in a few clicks

Draw your signature, type it, upload its image, or use your mobile device as a signature pad.

03. Share your form with others

Send gift of equity form via email, link, or fax. You can also download it, export it or print it out.

How to use or fill out gift of equity letter with our platform

Ease of Setup

DocHub User Ratings on G2

Ease of Use

DocHub User Ratings on G2

Click ‘Get Form’ to open the gift of equity letter in the editor.
Begin by entering the date at the top of the form. This is essential for record-keeping and establishing the timeline of the transaction.
In the 'Source of Funds' section, specify where the funds are coming from. This could include details like dues, fundraisers, or contributions. Be clear and concise to ensure transparency.
Next, input the 'Total Amount' being gifted. Make sure this figure accurately reflects what is being transferred as a gift of equity.
Fill in the name of the individual receiving the funds in the 'Funds received by' field, followed by their signature to confirm receipt.
Complete the 'Deposit prepared by' section with your name and signature, ensuring accountability for preparing this document.
Finally, attach any supporting documentation such as money counting forms or bank receipts to validate your entries.

Start using our platform today to effortlessly complete your gift of equity letter online for free!

be ready to get more

Complete this form in 5 minutes or less

Get form

Got questions?

We have answers to the most popular questions from our customers. If you can't find an answer to your question, please contact us.

Contact us

How do you prove a gift of equity?

Youll need to write a gift of equity letter that includes the total amount of the gift. It also needs to explain that the buyers wont need to repay the gift and the owner/buyer relationship, as well as list the property address.

What is a gift of equity letter?

To use an example, my father was the purchaser on a house that he bought for $375K and rented to me. When he eventually sold it to me it was worth closer to $500K. So he makes a gift of equity, signs the appropriate letters, deals with the tax implications, etc.

How do you write a gift of equity contract?

You should treat the purchase as if they gave you cash to pay them for the difference between what you actually paid and the homes fair market value (FMV). This difference is the gift they gave to you. Gifts of equity, like other gifts, arent taxable to the recipient.

What is an example of a gift of equity clause?

The seller must obtain an official home appraisal to ascertain fair market value and also sign a gift letter that describes the buyer-seller relationship and states that the equity is a gift the buyer is not obligated to repay. The buyer must follow the typical process for buying a home.

equity gift letter template

Gift of equity letter template Gift of equity letter template word Gift of equity letter PDF Gift of equity Letter template free Gift of equity letter for mortgage How does gift of equity affect the seller Gift of equity letter Fannie Mae Gift of equity Calculator

Gift of equity letter 2025