• 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 3 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
26204 Answers
1424 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
26204 Answers
1424 Consultations
5.0 on 5.0
Hi, you can contact me i will do the need full.
Pradeep Bharathipura
Advocate, Bangalore
4185 Answers
149 Consultations
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thanks for your appreciation
Ajay Sethi
Advocate, Mumbai
26204 Answers
1424 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
19256 Answers
487 Consultations
5.0 on 5.0

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