• What is the cost for making a relinquishment deed

Hi,

In Gujarat what's the cost of making a relinquishment deed
Asked 6 years ago in Property Law
Religion: Hindu

4 answers received in 30 minutes.

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17 Answers

You need to pay drafting charges and for registration and stamp duty it depends on the value of property. 

Prashant Nayak
Advocate, Mumbai
34514 Answers
249 Consultations

A deed has to be made and notarized by a public notary. The advocate takes his fee. Around 3 to 4k.

Rahul Mishra
Advocate, Lucknow
14114 Answers
65 Consultations

Stamp duty is not much. It differs from state to state.

Rahul Mishra
Advocate, Lucknow
14114 Answers
65 Consultations

Yes you need to pay stamp duty and registration depending on the jurisdiction. Drafting charges may vary from lawyer to lawyer. you can contact the concerned sub registration office for the exact charges and adjudication. You can contact me if required in kaanoon on 9a7g6g9g4e9g0f9f1a1 fot drafting of the relinquishment deed

Prashant Nayak
Advocate, Mumbai
34514 Answers
249 Consultations

First you should inherit the property on all legal heirs and later to perform relinquish deed. There is no stamp duty for family registration for title transfer only register charges will be apply and less than 5k will be total legal expenses. 

Ganesh Kadam
Advocate, Pune
13008 Answers
267 Consultations

See you can make.a gift deed for same and the applicable stamp.duty shall be 4.9 percent and 1 percent registration at circle rate for your share.

Shubham Jhajharia
Advocate, Ahmedabad
25513 Answers
179 Consultations

Yes stamp duty has to be paid. On your share if property on circle rate 4.9 percent stamp duty and 1 percent registration is applicable.

Shubham Jhajharia
Advocate, Ahmedabad
25513 Answers
179 Consultations

Stamp duty is the tax amount an individual pays to the Government (Central and/or State of Gujarat) for executing various types of deeds or documents which have some sort of financial exchange, transaction or obligation associated with it. Stamp duty is also chargeable on the registration of sale, purchase or transfer of immovable property. Stamp duty is paid during the registration of a document or deed.

The stamp duty payable  for a relinquishment deed in Gujarat is Rs. 50/-

T Kalaiselvan
Advocate, Vellore
89977 Answers
2492 Consultations

The stamp duty payable  for sale or gift deed  of immovable property shall be 6% of the value of the property.

For family settlement it is Rs. 50/-

For relinquishment deed it is Rs. 50/-

T Kalaiselvan
Advocate, Vellore
89977 Answers
2492 Consultations

Drafting charges or stamp duty?

Mohammed Mujeeb
Advocate, Hyderabad
19325 Answers
32 Consultations

stamp duty is state subject varies from state to state

Mohammed Mujeeb
Advocate, Hyderabad
19325 Answers
32 Consultations

Legal fees vary depending upon lawyer engaged by you 

 

2) stamp duty would depend upon market value of your share in property 

Ajay Sethi
Advocate, Mumbai
99775 Answers
8145 Consultations

Relinquishment deed has to be stamped and registered 

 

2) you have to pay stamp duty on your share in property relinquished by you 

Ajay Sethi
Advocate, Mumbai
99775 Answers
8145 Consultations

1. lawyer fee for drafting the relinquishment deed varies from lawyer to lawyer, (approx 3 to10 thousand)

2. registration fee will be around 200/- 

 

 

Suneel Moudgil
Advocate, Panipat
2386 Answers
6 Consultations

1. The cost is the drafting fee of lawyer and registration charges.

2. Search a local lawyer from this portal.

Ashish Davessar
Advocate, Jaipur
30840 Answers
981 Consultations

Cost of making relinquishment deed varies from advocate to advocate, it is between you and advocate depending on your association with him / her (Could be Negotiable).  

Stamp duty and registration needs to be done for relinquishing your share.

Stamp duty is a State subject, it differs from state to state.

Better consult local Advocate, who will be able to give exact stamp duty to be paid.

S Srinivasa Prasad
Advocate, Hyderabad
2876 Answers
9 Consultations

1. Stamp duty for relinquishment deed is not very high but it varies from state to state. Duty will depends on the value of your share in the property.

2. You should also get the deed registered.

Mohit Kapoor
Advocate, Rohtak
10686 Answers
7 Consultations

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