• Affidavit to give up claim in parental property

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.
Asked 3 years ago in Property Law from New Delhi, Delhi
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 .
Ajay Sethi
Advocate, Mumbai
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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 .
Ajay Sethi
Advocate, Mumbai
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1425 Consultations
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relinquishment deed can be prepared by a lawyer . it attracts nominal stamp duty and has to be registered . contact a local delhi lawyer.  .
Ajay Sethi
Advocate, Mumbai
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thanks for your appreciation
Ajay Sethi
Advocate, Mumbai
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affidavit will not work. if you are so desired then execute release deed in their favour.
Ananth Kumar
Advocate, Bangalore
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57 Consultations
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