Prof. R. Harish & Associates
Vaishnavi Shivashankar
11 Years Exp
Relinquishment deed (Show More)
Bangalore , Magadi Road
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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 : Vaishnavi Shivashankar
Law Firm Name : Prof. R. Harish & Associates
Country : India
City : Bangalore
State : KARNATAKA
Practicing Since: 2014
About Your Firm : We provide legal services for all kinds of property right from scrutiny of title till completing the registration. We also look into the legalities for projects and complete them.
| Sr Employee Associated | Sr Employee Enrollment/Reg.No | Sr Employee Enrollment/Reg.State |
|---|---|---|
| Vaishnavi Shivashankar | KAR/181/2015 | Karnataka state bar council |
| Jr Employee Associated | Jr Employee Enrollment/Reg.No | Jr Employee Enrollment/Reg.State |
| Vishnu Priya Shivashankar | Karnataka State Bar Council |
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