Practising independently
Tista Nandi
17 Years Exp
Relinquishment deed (Show More)
Kolkata , New Town
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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 : Tista Nandi
Law Firm Name : Practising independently
Country : India
City : Kolkata
State : WEST BENGAL
Practicing Since: 2008
About Your Firm : I have an experience of 9 years & 11 months in legal field with a considerable legal service provided in property matters. Passed B.A.LLB (Hons.) with 68% marks. Passed all theoretical papers of LLM & currently writing Dissertation Paper of LLM for submission.
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