• Release deed with brother in a joint property in Bangalore

Dear Sir/Mam,
   I have a joint property ,which is registered under both my name and my brother's name. Even there is a home loan sanctioned in both brothers name.
We are closing the loan soon and my brother is going to release his share on my name.below are my questions.
1> How much it cost in Bangalore , release deed with brother? I heard its just a nominal cost around 10000 INR , is that true?
2> Any recommended lawyer who can facilitate the job for me.

Regards,
Janardan
Asked 2 years ago in Property Law from Bangalore, Karnataka
1 Deed of relinquishment attracts nominal stamp duty if given in favour of family members . 

2) number of lawyers on this site from bangalore . contact any of them
Ajay Sethi
Advocate, Mumbai
23296 Answers
1220 Consultations
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for exact amount of stamp duty you will have to check Karnataka stamp act . only local lawyer can guide you
Ajay Sethi
Advocate, Mumbai
23296 Answers
1220 Consultations
5.0 on 5.0
Hi, you can contact me i will do the need full.
Pradeep Bharathipura
Advocate, Bangalore
4105 Answers
133 Consultations
4.3 on 5.0
thanks for your appreciation
Ajay Sethi
Advocate, Mumbai
23296 Answers
1220 Consultations
5.0 on 5.0
Nominal stamp duty is payable on relinquishment deed. As advised by Mr.Sethi you should contact a local lawyer.
Ashish Davessar
Advocate, Jaipur
18167 Answers
449 Consultations
5.0 on 5.0

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