Relinquishment deed is needed if you want to give up your rights in an inherited parental property for another legal heir.
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The first draft will be shared with you in four days
Two rounds of iterations at no extra cost
A legal document where under a legal heir gives up or releases his legal rights in an inherited/ parental/ joint property in favor of other co-owners. It is used to transfer ownership when the person dies intestate and the legal heirs shall transfer their shares in favor of another legal heir, who is a co-owner of the same property. A relinquishment deed shall be transferred either for consideration or without consideration. The stamp duty for Relinquishment deed is much cheaper compared with the Gift Deed.
For the transfer to be a release/ relinquishment, the only condition is that the parties must be co-owners of the property.
The drafting of the agreement would commence from the required information shared by the Client. Once the information is shared, we would assign it to the lawyers who would be working on the document and they shall get in touch with the client through mobile and Email.
The charges paid by the client are inclusive of the following:
It would take us 3-4 working days to deliver the first draft. However, we shall deliver the document within 24 hours, if you approach us on priority service and additional charges are applicable.
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