srivatav and associate

 a.k.srivastav

 19 Years Exp

 Relinquishment deed (Show More)

 Indore , Indore CGO Complex

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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 : a.k.srivastav

Law Firm Name : srivatav and associate

Country : India

City : Indore

State : MADHYA PRADESH

Practicing Since: 2006

About Your Firm : cyber law,all types of civil and criminal cases,family law,

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