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Legal procedure & documents required to obtain a release deed
24-May-2023 (In Property Law)
Hello, We are 4 brothers n one sister , we all 4 brothers want to construct a house in our property n we need our sister to give a non objection certificate telling she has no objection if we construct . We r giving a money for it. My question is which type of document should we do a realize deed or a confirmation deed. The sister has 3 kids all r above 40 years, are their signature required in the document or just d mother's signature is enough. Thank you
Will need to know if the property is self acquired or ancestral in nature. Depending on that you would require appropriate release deeds to be executed by the parties. A release deed will result in complete relinquish of right on the property by the person who is releasing the property and that person will have no further authority on the property.
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Adv. Ramakrishnan S.
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What is the validity of release deed?
In India, a release deed (also known as relinquishment) for immovable property, is a legal document that is valid and legitimate. 16-Feb-2022
What is release deed for ancestral property?
A relinquishment is a document whereby a legal legatee releases or gives up his legal rights to a parental property. Relinquishment is the act of disposing of and giving up the rights, title and interest of one co-owner to another co-owner.
How do I transfer property to my brother?
The section 122 of 1882s Transfer of Property Act should be followed when a gift of immovable is made. The gift must be made by a stamped and registered instrument signed by yourself, accepted by your sibling, and attested by two witnesses. 11-Jan-2016
What is release deed between co-owners?
These terms both mean the same thing: the co-owners can relinquish their ownership rights in the immovable property. The deed created for the same is termed as a relinquishment/release deed. 18-Oct-2023
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