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Stamp duty charges for release deed
07-Oct-2023 (In Property Law)
Hi myself n wife own a flat. I m the first owner n wife is second and she want to release property rights on my name. What will be release deed charges of stamp duty n lawyer fees?
Stamp duty and registration charges will vary from state to state as per the state act. In Maharashtra, if your wife want to transfer her share in your name in the jointly owned flat she has to gift it to you by registered gift deed.
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Adv. Mukesh Vasant Shinde
Thane | 400+ Answers
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Is release deed enough proof of ownership?
Release deeds are used to transfer ownership and rights of immovable properties. They can only be valid if they have been signed in front of witnesses and stamped and registered. 16-Feb-2022
What is the purpose of release deed?
Release deeds are legal documents that release all future claims and interests on a property. This document is used by individuals who want to sell or gift their property interest to someone else. 03-Mar-2023
What is the cost of relinquishment deed in Karnataka?
The registration fee for the relinquishment document is between 100 and $250. The Sub-Registrar will register the relinquishment document within one week if the Subregistrar believes the information in the document is valid. The deed can be collected at the office. 22-Mar-2023
gift deed is best option for you if she gifted , then 200 stamp and 200 registration fee. further in what location you are residing will decide about thw local body tax and cess imposed by the governmnet. provided property shoild be self acquired
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Adv. Ganesh Arjun Ranadive
Pune | 100+ Answers
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