Trident Legal
B C Keerthi Kishore
18 Years Exp
Relinquishment deed (Show More)
Bangalore , Jayangar III Block
View Answers by this Partner (0)
Profile Views : 15796
Information
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
Photos
Name : B C Keerthi Kishore
Law Firm Name : Trident Legal
Country : India
City : Bangalore
State : KARNATAKA
Practicing Since: 2007
About Your Firm : We have been practicing and advising our clients (Individuals, Builders, Funders and Real Estate Companies) for acquisition and development of their projects. Our scope includes title due diligence, structuring the transactions, drafting of the Agreements and Deeds and registration of Documents. We are well versed in the local laws which has only helped our clients in many ways.
| Sr Employee Associated | Sr Employee Enrollment/Reg.No | Sr Employee Enrollment/Reg.State |
|---|---|---|
| Jr Employee Associated | Jr Employee Enrollment/Reg.No | Jr Employee Enrollment/Reg.State |
Legal & Drafting
NRI Services
No Answers Found
