External form of gifts of immobile assets

The gift of immobile assets, if their value does not exceed 1,000$ (one thousand escudos) may be made by private writing with the signature of the donor or of another at his request, if he does not know to write, and two more witnesses who write their name in full; if it exceeds that amount, it can only be done by a public deed. § Sole paragraph – These gifts produce effect in relation to third parties only if they are registered.