Gift Letter at a glance
What it is: Gift Letter: this letter confirms that the undersigned is making a financial gift to the recipients for use toward the purchase of the property.
Who signs: The undersigned Recipients and Donors certify that these funds are a genuine gift from the Donors and are not required to be repaid at any time, that no part of the financial gift is being provided by any third party having any interest (direct or indirect) in the sale of the subject property, and that the Donor is an immediate family member.
A filled-in Gift Letter example: a couple and a parent's gift
How to fill out Gift Letter, box by box
The gift and the property
Enter the date.
Fill in the financial gift and print the names of the recipients.
Enter the address of the property being mortgaged.
Recipients sign
Under Recipients, each Recipient enters the Name, the Signature and the Date.
Donors sign
Under Donors, each Donor enters the Name, the Signature and the Relationship.
Under Donors, enter the Date, the Address, the City, Province and the Telephone.
Sources
[1] Gift Letter (May 2001), mortgage gift letter (the Official source link on this page).