What is a Release Deed?
A Release Deed (also called Relinquishment Deed) is a legal document used to give up or transfer legal rights or share in a jointly owned property from one person to another. It is commonly used among family members during partition or inheritance.
Why is a Release Deed Important?
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Helps settle family or joint property disputes peacefully.
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Used when a co-owner wants to give up their share in property.
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Makes property ownership records clear and undisputed.
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Mandatory registration makes the transfer legally enforceable.
What Does the Release Deed Service Include?
- Drafting of the Release / Relinquishment Deed
- Legal verification of ownership and share
- Stamp duty calculation based on state laws
- Assistance with registration at sub-registrar office
- Delivery of registered deed copy
Documents Required for Release Deed
- ID Proofs of all parties (Aadhar, PAN)
- Original Title Deed or Sale Deed of the property
- Relationship Proof (in case of family transfer)
- Property Tax Receipt / Mutation copy
- Stamp duty payment proof (if applicable)
Who Needs a Release Deed?
- Legal heirs transferring share among siblings
- Family members during ancestral property division
- Co-owners giving up claim on jointly owned property
When is a Release Deed Used?
- During family property settlement or mutual division
- When one co-owner wishes to transfer share to another
- As part of partition deed or succession planning
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