Relinquishing interest in contested property
Hi,
My father owned a plot of land in Assam, which was encroached upon. it appears that the encroachers also got their name onto the land records register as co-owners. My father filed a Title Claim suit in 2006 which he lost in 2015, and subsequently appealed against, which is now pending with District court in Guwahati.
My father passed away last year. My mother and two siblings are his heirs and wish to pursue the case further, however- I am not interested to be a part of the (1) lawsuit , nor of any (2) future settlement that they may get from it.
1. What is the legal process to opt out of such a lawsuit and renounce my interest in the property in favor of my mother? Can I send a letter declining my interest apostilled from USA (where I reside) stating that I decline to be a part of the lawsuit and wish to renounce my interest. Is there a format and legal 'term' that I need to use for this letter. I would like to do this in a way that doest impact my siblings ability to pursue the case.
2. Is any stamp duty payable on such relinquishment of future interest in a property whose title is still under dispute?
Thank you for your considered responses.
Asked 3 years ago in Property Law
Religion: Hindu