Relinquishment / Release Deed
- Fee
- ₹4,999
- Turnaround
- 2-3 days
What this is
A relinquishment or release deed by which a co-owner or legal heir gives up their share in a property in favour of the other co-owners, usually within a family after an inheritance, so the property can be mutated and dealt with by those who remain. Our panel advocate drafts and reviews the deed and delivers it signed on letterhead; registration is compulsory and is a separate step we explain.
What you get
A relinquishment deed drafted, reviewed and signed by our panel advocate on letterhead, with the recitals of how the property devolved, the shares of each heir or co-owner, the release by the releasor of their share in favour of the named releasees, whether with or without consideration, the releasor's covenants, and the attestation clause. Delivered ready for execution, with a note on stamp duty, registration, and the mutation of records after registration. Stamp duty and registration charges are not included.
How it works
- Upload the papersThe title document of the property, the death certificate and legal heir proof if inherited, and ID and PAN of every heir. We pre-fill the property and the family.
- Tell us who is releasing and in whose favourWhich heir or co-owner gives up their share, to whom, and whether any money is being paid.
- Answer the advocate's questionsWhether all heirs are identified, whether any is a minor or abroad, whether the release is voluntary, and whether the property has a loan, tenant or dispute.
- PayPay the fee.
- Advocate drafts and signsOur panel advocate drafts the deed and signs it on letterhead.
- Deed is deliveredYou receive the deed for execution before two witnesses and registration, with the stamping and mutation note.
What to have ready
- Title document of the propertySale deed, allotment or earlier deed in the original owner's name.
- ID and PAN of every partyAadhaar and PAN of each person signing; incorporation documents if an entity.
- Death certificate of the original owner (if you have it)If inherited.
- Legal heir certificate, succession certificate or family tree (if you have it)Any document showing the heirs.
- Will or probate (if you have it)If any.
- Property tax receipt, mutation record or society share certificate (if you have it)Showing the current recorded owner.
- Loan statement or lender's no-objection (if you have it)If mortgaged.
- Power of attorney (if you have it)If any party signs through an attorney holder.
What this is based on
- Transfer of Property Act 1882 (1882)
- Registration Act 1908. (1908)
- state Stamp Act
- Hindu Succession Act 1956 (1956)
- Indian Stamp Act, 1899 and state stamp Acts (1899)Source: https://www.indiacode.nic.in/handle/123456789/2395