Question: what are the requirements for a valid gift?
Answer: Certainty of Intention. This criterion regards whether the Donor intended to give this item to the Donee. ...  Certainty of Subject Matter. This criterion relates to the assets that are being given away. ...  Certainty of Objects. ...  Chattels. ...  Land. ...  Shares in a Company. ...  Money. ...  Equitable Interest in Property.