disguised donation
- A transfer of a property where the value received in return is not proportionate to the property's worth, making it essentially a generous gift. This transaction needs to meet the legal requirements for a gift, such as being documented in a formal legal act, to be valid
- The transfer of the mansion for the price of a small car could be considered a disguised donation.
- Selling an expensive painting for a price way below its market value might be seen as a disguised donation by legal authorities.
- The court found that the deal between the two parties was a disguised donation because the price was much lower than the actual value of the property.
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