Where a gift conceals a paid transaction, the parties’ true intention and the concealed transaction’s mandatory requirements must be assessed. The document’s title is not decisive. But alleging a sale does not make every transfer evidence of its price.
Practical example
A buyer alleges a cash payment while the document records a gratuitous transfer. The payment’s purpose and the agreement’s substance need proof.
How to prepare
Keep transfers, receipts and negotiation correspondence. Do not alter the document yourself. Assess validity, tax consequences and any third-party rights already created.
Source and consultation
Legal basis: Civil Code of Georgia, Articles 56, 183, 477, 524. Current text: https://matsne.gov.ge/ka/document/view/31702 — checked on 28.10.2026.
YURFIRMA can help assess the documents and prepare an appropriate agreement. The outcome depends on the circumstances. Contact us.
This is general information and does not replace a legal assessment of your specific case. The current law and the relevant facts are checked again when you seek advice.