Pasupula^Law
Krishna Murthy Pasupula
26 Years Exp
Relinquishment deed (Show More)
Hyderabad , Manovikasnagar
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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 : Krishna Murthy Pasupula
Law Firm Name : Pasupula^Law
Country : India
City : Hyderabad
State : TELANGANA
Practicing Since: 1999
About Your Firm : An advocate by profession and practicing in the High Court in A.P. and other Courts. A judicious professional with more than Twenty-Five plus years of diverse experience. At present providing legal assistance, in legal environment. Extensive experience and knowledge of all existing Indian laws, court procedures, precedents and government regulations. I am with full ability and skill to do Litigation analysis & Solution, pre-litigation support, legal drafting, Legal Opinion, Arbitration and Amicable Dispute Resolution (ADR), Agreements, Contracts, appearance in courts and handling matters. I am having strength of handling any type of matters with the help of reading, searches and counsel.
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Legal & Drafting
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