Gifts with obligations can also be called conditional gifts or gift contracts with obligations. It is a gift that can be accompanied by an obligation and the donee should fulfill the obligation as agreed.
Obligatory gift as a contract, must be the consent of the two parties as a requirement. Only when the donor offers to give his property to the donee, and require the donee to bear certain obligations; the donee promise to accept the gift of property, and willing to fulfill the obligations, the gift contract is established.
Related provisions of the conditional gift contract:
1, with the obligation of gift is a double contract: article 657 of the civil code gift contract definition of gift contract is the donor will give his own property to the donee free of charge, the donee expressed acceptance of the gift contract.
2, paid contract, when the giver agrees that the donee attached obligation is a pecuniary act, is a paid contract. Such as a and b agreed, a gift to b a house, but b must help to a support. This gift contract with obligations is a paid contract.
Legal basis:
The People's Republic of China and the National Code
Article 657 of the gift contract is the giver will give his property to the donee free of charge, the donee to express the acceptance of the gift contract.
Article 658 The giver may revoke the gift before the right to the gifted property is transferred. The provisions of the preceding paragraph shall not apply to a notarized gift contract or a gift contract of a public welfare or moral obligation nature such as disaster relief, poverty alleviation, or assistance to the disabled that cannot be revoked according to law.