Legal Aid Association

 Ranpal Awana

 16 Years Exp

 Relinquishment deed (Show More)

 Gautam Buddha Nagar , Bisrakh

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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 : Ranpal Awana

Law Firm Name : Legal Aid Association

Country : India

City : Gautam Buddha Nagar

State : UTTAR PRADESH

Practicing Since: 2009

About Your Firm : Honesty work

Manpower/Employee Details

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

 

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