The letter must explain who is gifting the money, where the donor's funds are coming from and the relationship between the donor and the recipient. Pin down the specifics of the property in question.Clearly state the property's address, ensuring there's no ambiguity about where the gift funds are intended. A gift letter is a piece of legal, written correspondence explicitly stating that money received isn't expected to be repaid. When to transfer a vehicle title into your name. After you buy or receive a vehicle as a gift, you have 15 days to transfer the ownership into your name. This guide provides the necessary details to ensure a smooth and legally sound vehicle gifting transaction. Step 2 – Fill in the details of the donor. You must provide the following details of the "donee", i.e. Subheading 3: Completing the Gift Letter Accurately: Common Mistakes to Avoid (Focusing on potential errors).