Individual

 Sharat Chandra Arukonda

 12 Years Exp

 Relinquishment deed (Show More)

 Hyderabad , Manikonda

 View Answers by this Partner (0)

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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 : Sharat Chandra Arukonda

Law Firm Name : Individual

Country : India

City : Hyderabad

State : TELANGANA

Practicing Since: 2014

About Your Firm : We have been dealing with various litigations related to civil, criminal,family issues, company matters and all property related issues. We deal cases in various courts including high court.

Manpower/Employee Details

Sr Employee Associated Sr Employee Enrollment/Reg.No Sr Employee Enrollment/Reg.State
Nagendra Reddy. P
Jr Employee Associated Jr Employee Enrollment/Reg.No Jr Employee Enrollment/Reg.State

 

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