Anand prakash and associates
Anand prakash
15 Years Exp
Relinquishment deed (Show More)
East Delhi , Nirman Vihar
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Overview
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
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Name : Anand prakash
Law Firm Name : Anand prakash and associates
Country : India
City : East Delhi
State : DELHI
Practicing Since: 2010
About Your Firm : Our law firm is specialised is property related matters. We take care of the matter starting from due deligence, registration and conveyancing and all civil related disputes.
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Legal & Drafting
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