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What is the procedure to get release deed
30-May-2023 (In Property Law)
What is the procedure to get Release deed from sister and what is the cost for Registering the Release deed,
Hello,
To get a Release Deed, at the office of the jurisdictional Sub-Registrar you need to produce the family tree stating she is your sister, you will need to produce the latest Khatha certificate, Tax paid receipts until present year, Identification Proofs of you and your sister. You need to show how you are acquiring the property, for eg: if it is a gift from your father, then that gift deed, if it is ancestral property then mutation of death of your father, etc. It depends on the property.
The stamp duty cost is Rs.1,500 to Rs. 2,000 per Releasee. Other charges might apply, totally about Rs.5,000/- only. Please contact me for more info.
To get a Release Deed, at the office of the jurisdictional Sub-Registrar you need to produce the family tree stating she is your sister, you will need to produce the latest Khatha certificate, Tax paid receipts until present year, Identification Proofs of you and your sister. You need to show how you are acquiring the property, for eg: if it is a gift from your father, then that gift deed, if it is ancestral property then mutation of death of your father, etc. It depends on the property.
The stamp duty cost is Rs.1,500 to Rs. 2,000 per Releasee. Other charges might apply, totally about Rs.5,000/- only. Please contact me for more info.
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Adv. Pavan Hebballi
Bangalore | 25+ Answers
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What is the cost of release deed in India?
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.
Is registration of release deed compulsory?
Should a relinquishment act be registered? According to Section 17(1)b of the Registration Act (1908), an instrument that creates or transfers a property right must be registered. A relinquishment agreement must be registered to make it valid. 18 Oct 2023
What documents are required for release deed in Mumbai?
Original documents: The original documents relating to the transfer of property, such as the gift deed or lease contract, must be submitted. Identity Proofs: Identification proofs for the parties, such as PAN cards, Aadhaar cards, or passports, are required.
What is the document of release deed?
A deed release is a document that legally releases a claim to an asset. It is a legal document that documents the release of a contract. When a lender transfers title to real estate after the mortgage is paid, he may include a deed release.
Please give more details. Please come in for a consultation for a more detailed advice. The cost for registering the release deed differs from state to state.
Helpful?
Documents legal and registered of the property.
Written document declaring intention to relinquish.
All co-owners are listed.
Relinquishment deed particulars.
Name, age, and address of both the releaser and the released.
Description of the property
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Adv. Chikirsha Mohanty
Delhi | 200+ AnswersCONTACT NOW
Disclaimer: The above query and its response is NOT a legal opinion in any way whatsoever as this is based on the information shared by the person posting the query at lawrato.com and has been responded by one of the Divorce Lawyers at lawrato.com to address the specific facts and details.
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