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Relinquishment deed is a document where a person releases his rights of the property relinquished in the name of another person legally. As it is a legal document where a person gives up his claim to another person, the said deed must be executed and registered as per law. Kindly note that the person needs a good property lawyer for documentation and legal compliances.
CONTENTS
Title and Introduction
The title should contain the words ‘relinquishment deed’ along with the date in the introduction.
Identification of the Executants
The person making relinquishment deed is known as an executant or a releasor as the rights are released from a property by executing the document. The deed must contain all the details, including full name and residential address.
Identification of the Releasee
The details of the release, including the name and address, shall be included in the deed. The person who receives the rights is known as a releasee.
Description of the Property
The description of the entire property is essential. The name of the last owner is necessary. It is mandatory to mention all the minute details such as survey number, complete address, registration details, sub-registrar office details like book number, volume number, office name, etc.
Purpose
The purpose of relinquishment should be mentioned in the deed. Suppose if the owner of the property died intestate by leaving a will, then there would be no complications to necessitate the creation of relinquishment deed.
Details of legal heirs
All details like name, address, age and relationship to the deceased or the owner should be named in a table of the deed.
Details of shares
As there is no existing will, the legal heirs would own the property according to the Succession Act. The proportion of shares owned by each heir until the creation of the deed of relinquishment shall be mentioned.
Relinquishment
The critical clause to be mentioned in a relinquishment deed is mentioning of the executants releasing their shares in favour of the releasee out of natural love and affection and without any monetary consideration. The property should be described with a declaration that they and their legal heirs have no claim over the said property. If all remaining heirs release their shares in favour of one heir, it will be mentioned that the rights of the property shall vest absolutely with the releasee.
Signature
The deed should be signed by all the executants, the releasee and two witnesses before the concerned sub-registrar office within the jurisdiction of property.
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Connect with a Legal Expert easily Legato is your one stop destination with everything related to legal. It empowers you with access to a network of verified lawyers providing their services at all costs. Moreover, our dedicated Case Follow-Up Manager will assist and update you with the progress.
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Quick results Once, the legal expert is finalized, you are ready for quick action related to your work. Majority of the lawyers will share a time estimate of what to expect moving forward.
You need to select one of the Lawyers considering your case category and profile of the Lawyers. Once you are sure with the Lawyer, you need to select call option given in the profile page of the Lawyer, in the website as well as in the mobile app. After selecting the call option,the time slot needs to be selected, and payment needs to be made for confirmation of the call consultation. At the selected time our system shall connect you and Lawyer We have half an hour time slots placed for every call consultation and after said time slot selected call shall automatically get disconnected.
Kindly make sure that you keep all information and documents about the matter handy before the time of call so that to avoid any delays.
In an event where you miss the call at the selected time, our system shall dial-in the call again after 5 minutes as a second attempt. In case of failure of the second attempt,the system shall try after another 5 minutes as a third attempt.
After the failure of the third attempt, you need to contact our support team (contact details shared on the website) so that they can talk to respective Lawyer, and reschedule the time of the call.
In such an event you can contact our support team (contact details shared on the website), and they shall be assisting you as quickly as possible in completing your call.
Yes, they are diligently verified. For your ease, we have mentioned their bar council number as well so that their identity can be checked from Indian Bar Council.
Definitely yes. We are using high-end technology and SSL certificates to secure data. In addition to this,we are using AWS secured cloud storage together with 256-bit encryption. Further, we are using Paytm as our payment gateway, which is highly secured as per legal standards.
We are using high-end technology and SSL certificates to secure data. In addition to this,we are using AWS secured cloud storage together with 256-bit encryption.
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