Conveyance and Mortgage of Immovables – Donation inter vivos

Conveyance and Mortgage of Immovables – Donation inter vivos

C.C. art. 1468. Donation inter vivos, definition. A donation inter vivos is a contract by which a person, called the donor, gratuitously divests himself, at present and irrevocably, of the thing given in favor of another, called the donee, who accepts it.

Art. 1529. Donation of future property, nullity. A donation inter vivos can have as its object only present property of the donor. If it includes future property, it shall be null with regard to that property.