Relinquishment Deed

A Relinquishment Deed is a legal document used to transfer or release a person’s share or interest in a property to another person. It is commonly used in cases where a co-owner or legal heir wishes to relinquish their rights to a property in favor of another co-owner or legal heir.
0 +
Businesses Served
0 +
Years Experience
0 /5
Google Rating

Get Started

Mayank Wadhera

Expert in Relinquishment Deed

Best Compliance Firm For Your Company

Free Legal Advice

Experts Team

On-Time Delivery

Overview of Relinquishment Deed

By signing a relinquishment deed, a legal heir can relinquish their claim to inherited property in favor of other heirs. This is particularly useful in cases where a person dies intestate, and the legal heirs must renounce their shares in the property to another legal heir or co-owner. The transfer of a relinquishment deed can be done with or without consideration, but the parties involved must be co-owners of the property for the transfer to qualify as a release or deed of relinquishment.

The Relinquishment Deed typically includes details such as the names of the parties involved, a description of the property, the extent of the relinquisher’s interest in the property, and any consideration or compensation involved in the transaction.

Advantages of Relinquishment Deed

Smooth transfer of property ownership If there are multiple legal heirs to a property, a relinquishment deed can help to transfer ownership smoothly and avoid any disputes or legal issues that may arise
Clarity of ownership rights By signing a relinquishment deed, the legal heirs can clearly define and renounce their share in the property, allowing other co-owners or legal heirs to have a clear understanding of their ownership rights
Avoidance of legal disputes By relinquishing their share in the property, legal heirs can prevent any potential legal disputes or conflicts that may arise in the future
Simplification of property division A relinquishment deed can simplify the process of dividing property among legal heirs, especially in cases where there are multiple heirs with different degrees of interest in the property
Flexibility in property distribution A relinquishment deed allows legal heirs to distribute the property among themselves according to their wishes, rather than being bound by the intestacy laws

Registration Process

Step 1: Drafting of the Deed: The first step is to draft the relinquishment deed. It is recommended to seek the assistance of a legal expert or a lawyer for drafting the document to ensure that it is legally valid.

Step 2: Stamp Duty Payment: Once the deed is drafted, the next step is to pay the stamp duty. The stamp duty is calculated based on the value of the property being relinquished, and the rates vary from state to state.

Step 3: Notarization of the Deed: After paying the stamp duty, the relinquishment deed must be notarized by a notary public.

Step 4: Registration of the Deed: The final step is to register the relinquishment deed at the Sub-Registrar’s office

Required Documents

1. Legal Documents of the Property

2. Registered Documents

3.A Written Document Stating Intention

4.Co-owners Details

5.Particulars required for a Release Deed

6.Name of the Releasor, Age, Address

7.Name of the Releasee, Age, Address

8.Property description

9.Details on consideration, if any

10.Aadhar Card, ID Proofs, like Driver License, Passport, etc

11.Pan Card of both parties for execution of deed relinquishment

12.You will require two witnesses at the time of execution of Relinquishment Deed

13.Other Agreements which you might have entered into concerning the property

14.Other materials may be needed according to state requirements

FAQ's Relinquishment Deed :-

Relinquishment deeds are irrevocable. Yet, it may be contested in court on certain grounds.
Both of these words refer to the same action: the co-owners of a joint property may waive their ownership interest in the aforementioned immovable asset. A relinquishment/release deed is the name given to the document created for the purpose.
Only inherited property may be the subject of a relinquishment document. The nominee and the executor must share ownership of the assets. Also, it is necessary for all parties to be physically present in order to record a deed. Prior to the registration process, the necessary legal papers should be completed.
To allow the co-owners to formally transfer their portion of the property to the other co-owner, a relinquishment deed would be made and registered. Hindu joint property co-owners have the option of giving up their claim to this immovable asset by giving up their ownership.

Get Started

1. Application

Fill out the application form & other details.

2. Payment

Make the payment through online mode.

3. Process

We will process your application.

4. Confirmation

A mail will be send on completion.

Why People Choose Our Services ?

Free Legal Advice

We provide free of cost consultation and legal advice to our clients.

Tech Driven Platform

All our services are online no need you to travel from your place to get our services.

Grow your business

Experts Team

We are a team of more than 15+ professionals with 11 years of experience.

Transparent pricing

There are no hidden & extra charges* other than the quote/invoice we provide.

100 % Client Satisfaction

We aim that all our customers are fully satisfied with our services.

On-Time Delivery

We value your time and we promise all our services are delivered on time.

Why Trust legal Suvidha?

People Who loved our services and what they feel.

In this Journey of the past 10+ years, we had gained the trust of many startups, businesses, and professionals in India and stand with a 4.9/5 rating in google reviews.

Reno K Subramaniam
Reno K Subramaniam
I have recently registered a Private Limited firm and was looking for a CA to take care of the filings, Startup India Certificate, and other formalities. I have received emails from legal Suvidha and a few others. I tried talking to them all. But, Mr. Mayank from Legal Suvidha was very impressive and was patient enough, prompt to answer all the queries. He has a very professional team and after the initial formalities, I started interacting with the team. It's not even 2 weeks but I really feel overwhelmed by their service and professionalism. I received my startup India certificate yesterday and my filings have been done promptly. The team at legal suvidha Ms. Nidhi, Ms. Priyanka, Ms. Koshika, and Ms. Saloni all show the same professionalism and are readily available to take care of the official filings and stuff. Overall a great experience till now and looking forward to a great journey!
pankaj tiwari
pankaj tiwari
Legal suvidha is a team of genuine and experienced professionals who give you best services according to your profile
Raman Krishnan
Raman Krishnan
Saloni from legalsuvidha has done a excellent job for filling and geting certificate of DPIIT. Thanks to legalsuvidha.
Prakaash Hari
Prakaash Hari
Team Legal Suvidha offers a brilliant service. There communication is quite clear and they execute the job meticulously. We are a startup private limited company and their advice is so critical in making my decision. Well done team. Keep it up. Prakaash Hari, Director, ipixela.
Priyanka Rudra
Priyanka Rudra
Dedicated team and fast response
Dr. Vishal Ghag
Dr. Vishal Ghag
Been using their services since 3 years now and I am absolutely happy with Legal Suvidha. They have been supportive, understanding and highly skilled at helping me with my business needs.

Stay Updated With Our Blogs!

Explore more of our blogs to have better clarity and understanding
of the latest corporate & business updates.

Contact us and grow your business
Legal Suvidha App

Now all Professional Services in a Single Click !

Now get all the services required for your business in a single app.

Subscribe to our newsletter & grow your business

Subscribe To Our Newsletter .

Sign up to receive email updates on new product announcements, special promotions, sales & more.