Relinquishment deed

South, Musheerabad

telangana, Hyderabad , Ashoknagar (Hyderabad)



This agreement is not the best way to transfer a property to someone without involving any monetary transactions. This method allows the owner to transfer a property to a co-owner. This sort of transfer is also irrevocable. This involves a relinquishment deed that needs to be signed by both parties and registered at the sub-registrar’s office. A stamp duty needs to be paid during the registration process. However, the stamp duty needs to be paid only on the portion of the property that is being relinquished and not on the total value of the property. When compared to the gift deed, this deed has the problem of being taxable, if the relinquishment is for monetary gains, and not inclusive of any discounts if the property is being relinquished to a relative



Law Firm Name : Reddy & Associates

Country : India

City : Hyderabad


Practicing Since: 2000

About Your Firm : Practicing since 2000 in the office of P.Venugopal, The then Advocate General for the state of A.P in civil matters, Writ Jurisdiction, Consumer Forum, State & Centrel Administrative Tribunal, Worked as Legal Manager for Reliance group, Worker as Legal Manager in Suchirindia Pvt Ltd. Expert in Due diligence Reports, Search Reports, Drafting, Vetting of documents, Legal Opinions, etc,.

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