• Release Deed

I have inherited two properties from my parents. And I want to give it to my sibling. do I need to make 2 separate release deed Or can I incorporate both in one deed itself.
Asked 2 years ago in Property Law from Mumbai, Maharashtra
better make 2 separate relinquishment Deeds . get it duly stamped and registered
Ajay Sethi
Advocate, Mumbai
23235 Answers
1219 Consultations
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Hi, it is always better go separate release deed and for avoid future complication.
Pradeep Bharathipura
Advocate, Bangalore
4105 Answers
133 Consultations
4.3 on 5.0
make two separate relinquishment Deeds and  get it duly stamped and registered.
Rajeev Bari
Advocate, New Delhi
1506 Answers
92 Consultations
3.5 on 5.0
in Maharashtra it attracts only nominal stamp duty . get it drafted by a local lawyer to avoid legal complications in future
Ajay Sethi
Advocate, Mumbai
23235 Answers
1219 Consultations
5.0 on 5.0
Nothing more to add.  I fully concur with the views of my learned colleagues.
Shashidhar S. Sastry
Advocate, Bangalore
1239 Answers
59 Consultations
5.0 on 5.0
Since there are 2 properties involved it will be legally prudent to make as many release deeds instead of one release deed so as to avoid being enmeshed in legal intricacies in future. Get the deed drafted by a lawyer to ensure that the properties are transferred smoothly without any legal hassles.
Ashish Davessar
Advocate, Jaipur
18102 Answers
448 Consultations
5.0 on 5.0

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