My father has 2 daughters,both married and i am the younger of the two. I wish to give up my share of property that i will eventually inherit from my parents,either owned by them or to be inherited by them from my grand parents. I wish to take not a penny,movable,immovable. I wish to send them an affidavit to this effect. What should be the heading and wordings of such an affidavit.
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your parents can make a will bequeathing entire property to elder daughter .further they ca execute gift deed in favour of elder daughter . it is not necessary for you to make an affidavit that you dont want any share in property .
as on date your garnd parents are absolute owners of property . it is not necessary that they will bequeath property to your parents only . they can dispose it of as they please . hence no affidavit /relinquishment deed is required at this stage .
I wish to give them this affidavit due to some family issues and also to make my stand clear on this point.They will not/ neither my sister will take the entire share. I accept your point about the grand parents property . However, i wish to, in no uncertain terms , make it clear to them that i wish nothing from their property. Thankyou.
please note that for relinquishing interest in property it has to be by a relinquishment deed only .an affidavit wont suffice . the said relinquishment deed has to be duly stamped and registered .
Can any lawyer make this deed? How do i go about it?
relinquishment deed can be prepared by a lawyer . it attracts nominal stamp duty and has to be registered . contact a local delhi lawyer. .
Thankyou For your time and the legal advice Mr Sethi. Regards.
thanks for your appreciation
affidavit will not work. if you are so desired then execute release deed in their favour.
