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Release deed favouring my brothers relinquishing my rights.


29-Oct-2023 (In Property Law)
I would like to know the professional service charges of Lawyers for release deed and registering the power of attorney.please inform the amount separately
Answers (3)

Answer #1
997 votes
Release Deed – Amongst Family Members
Stamp Duty: Ten thousand on the market value of the property but not exceeding Rs. twenty five thousand
Registration Fee: four thousand on the market value of the property subject to a maximum
Professional change depends where property locate
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People also ask

Is stamp duty exempt in blood relations?

The announcement stated that immovable properties such as land or house can now be transferred to the Owners Children, or even blood relatives by executing a transfer deed in Rs. Stamp paper of Rs. 500/- can be used to transfer immovable property such as land, house or flats. Even blood relatives may also benefit from this.

What is the blood relation release deed?

A relinquishment in blood relation is an official document that allows a family to give up their property rights in favor of another member. It can be parents, children or siblings or anyone who shares a blood relation with a property. 06-Oct-2023

Does relinquishment deed attract stamp duty?

Stamp duty for a relinquishment is 6% for men and 4% for women. Stamp duty should be paid to the Collector of Stamps/SDM. Registration fees for Relinquishment deeds are 1% of total deed amount plus Rs. Pasting fees of 100 rupees.

What is the stamp duty on release deed in blood relation in Maharashtra?

Maharashtra. Stamp Duty: Rs 200 per residential property and agricultural land; 3% for blood relatives. Registration with local authorities is mandatory, along with the submission of valuation certificates and encumbrance certificate. Stamp duty: 5% for family members and non-family.

  
Answer #2
594 votes
It depends on location and the description of property. There are various kinds of power of attorney, for sale, to buy, specific power etc. In release, it differs for vacant land and building. It depends on location and the description of property. There are various kinds of power of attorney, for sale, to buy, specific power etc. In release, it differs for vacant land and building. It depends on location and the description of property. There are various kinds of power of attorney, for sale, to buy, specific power etc. In release, it differs for vacant land and building.
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Answer #3
634 votes
Good morning sir.. Usually the advocates are asking fees for their work depending on the work sir.. And your property value.. Normally I m receiving 5k to 10000 thousand for this kind of work.. That fees get differenciate from advocates to advocates sir
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