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relinquishment deed or WILL to get ownership of flat
17-Mar-2025 (In Property Law)
my dad passed. d house was on his n my mums name. i hv a brother. d said flat is now in my n my mums name (wherein i inherited 50% of my dads share legally). so now d said flat is in my n my aged 85 yo mother name. My bro wuld like 2 relinquish his share of d flat. So after my mother passes, i will be the sole owner of the flat. QNS. shud i do a release deed b/w my bro n me or Does my mum mention that she gives her share solely to me in her WILL as my bro does not want a part of it?
It is always better to opt for a release deed instead of a Will to avoid any future disputes. However, release deed would attract payment of stamp duty whereas Will does not. Feel free to contact me for seeking any legal assistance as regards the same.
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Adv. Prerna Shukla
Mumbai | 700+ Answers
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Please reach out to me so that I can review the facts of your case thoroughly. I need to understand the details before providing any comments or suggestions. I will require more clarity on your situation.
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Adv. Ajinkya Sanjay Gosavi
VasaiVirar | 100+ Answers
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