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Transfer property rights with a legally sound Relinquishment Deed.
A Relinquishment Deed is a legal document used to transfer the rights, title, and interest of a person in a property to another person who already has an existing interest in the same property. This is often used in cases of joint ownership, inheritance, or family settlements.
A well-drafted Relinquishment Deed covers essential details including:
Common Uses of a Relinquishment Deed in India, including:
A Relinquishment Deed is a legal instrument through which a person (called the relinquishing party) voluntarily gives up their rights or claims over a property, often in favor of another individual (called the receiving party). The deed is usually executed in situations where one co-owner or heir decides to transfer their share in a property to the other co-owner(s) or heirs.
Yes, a Relinquishment Deed typically does not require monetary compensation. The relinquishing party voluntarily gives up their rights to the property without expecting any payment in return.
No, once the deed is executed and registered, it is generally irrevocable. If there was coercion or fraud involved, you may challenge the deed in court, but this can be a lengthy and costly process.
Yes, for immovable property, the Relinquishment Deed must be registered with the local sub-registrar to make the transfer of rights official and legally binding. Registration is usually mandatory in most jurisdictions.
Stamp duty on a Relinquishment Deed depends on the value of the property being relinquished and the laws of the region. Generally, stamp duty is lower than that of a sale deed, but you should consult local authorities or a legal expert to know the exact amount.
Absolutely. We ensure full confidentiality and protect your personal and business information as part of our professional commitment.
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Justo nibh nulla pretium sollicitudin eu sit class ultrices taciti amet cubilia. Congue venenatis facilisi sodales dui ligula elementum eros dictumst at. Senectus cursus quam vehicula euismod turpis nibh mollis fusce sagittis parturient montes. Conubia eu suspendisse quis donec leo magnis class nam dictumst. Ultricies class primis proin felis inceptos.
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