1) deed of relinquishment can be executed to relinquish interest in property
2) deed should be duly stamped and registered
3) contact a local lawyer
Sir, Good evening all, i had a property with some dispute. I would like to end this problem and invited my opponent to settle between us by paying some reasonable amount and same was been agreed by him. Please advice me that "Relinquish Deed" is sufficient in this case. To prevent all the future known/unknown problems kindly suggest me all the steps i need to take... Thanks a lot.
1) deed of relinquishment can be executed to relinquish interest in property
2) deed should be duly stamped and registered
3) contact a local lawyer
1.The dispute itself is not disclosed here.
2.if the other party is claiming any share in it then definitely he can end the dispute by making a gift or relinquishment deed.
3.If you share further information then more assitance can be rendered.
A. You can settle the matter by paying amount through cheque or demand draft If the opponent has limited or absolute right and interest over the property and the same amount transaction shall be documented by getting Registered Release Deed from the opponent.
B. However, release or killing opponent's right it depends upon issue as to whether the opponent has absolute right or limited right or assuming right or having vested interest?. Therefore, don't take it smoothly unless verified the documents from the competent advocates.