• Relinquish Deed

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.
Asked 7 years ago in Property Law
Religion: Hindu

2 answers received in 30 minutes.

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4 Answers

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

Ajay Sethi
Advocate, Mumbai
96809 Answers
7811 Consultations

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.

Devajyoti Barman
Advocate, Kolkata
23198 Answers
511 Consultations

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.

B.T. Ravi
Advocate, Bangalore
943 Answers
96 Consultations

If this property was jointly owned by both and both are not related then the transfer of the other party's share to this party shall be done by executing a registered gift deed or by a registered sale deed.

Any other mode may not be legally valid.

T Kalaiselvan
Advocate, Vellore
87009 Answers
2335 Consultations

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