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donative intent

   Also found in: Wikipedia 0.01 sec.

donative intent n. conscious desire to make a gift, as distinguished from giving something for nothing by mistake or under pressure.



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Moreover, a borrower cannot typically characterize loan forgiveness as a tax-free gift because the lender lacks donative intent.
280) A court therefore could reasonably determine that this motivation embodied the donative intent prohibited under the regulatory safe harbor.
128) To constitute an inter vivos gift under the law, only the elements of donative intent, delivery, and acceptance are required.
 
 
 
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