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Last Updated: Feb 19, 2024

Relinquishment Deed

It is a deed drafted and registered so that the co-owners can legally transfer property's share to another co-owner of the property. It is kind of No Objection issued in favour of one of the Co-Owner by the other cor-owners if they want to sell the property.

People purchased

2547 People purchased

Last Updated: Feb 19, 2024
4.4 LegalKart reviews and ratings

Relinquishment Deed

It is a deed drafted and registered so that the co-owners can legally transfer property's share to another co-owner of the property. It is kind of No Objection issued in favour of one of the Co-Owner by the other cor-owners if they want to sell the property.

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People purchased

2547 People purchased

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Relinquishment Deed

If someone dies without a will  i.e.,  “intestate”. A relinquishment deed allows hassle-free disposal of the inherited property in the case when there are two or more legal heirs.

A relinquishment deed allows a legal heir to give up his/her legal rights to ‘inherited property for the other heirs. When the person dies intestate, it is the relinquishment deed which transfers ownership. The legal heir(s) (by inheritance) will transfer their shares in favour of the co-owner of the property. A relinquishment deed will be assigned for a consideration or without consideration. Most importantly, the parties signing the deed must be co-owners and legal heir of the property for the transfer to be released or relinquished.

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Contents of Relinquishment Deed

  • Property Title Description
  • Detail of the Executant And Releasor
  • Releasee

The person is known as a releasee who receives the relinquished titles/ rights/share. Attention should be taken to comprise all details like full name, father’s/husband’s name, and full address.

 

  • Property Details

It is needed to mention all minute details such as a complete address, registration details, survey number, Sub-registrar office details like volume number, book number, office name, etc.

  • Purpose

The prime purpose should be mentioned in a relinquishment deed. It can happen that the absolute owner of the whole property died “intestate.”

  • Heir Particulars

All present heirs to that property must be named preferably in a table with details like age, address, details of name/title, and relationship to the deceased ‘absolute owner.’

  • Share Particulars

The property will be owned by heirs according to the applicable “Succession Act” if there is no existing will to the creation of the relinquishment deed, the proportion of shares held by each heir up should be stated.

  • Relinquishment

The releasors/executants releasing their 'shares in the property', in favor of the releasee, are the most important clause in a relinquishment deed. It should mention that it has been done out of natural love and affection and without any monetary consideration.

  • Authorized Signatures

All the releasee and the executants shall sign the document. Before being registered at the specified Sub-registrar office, it must be attested by two witnesses where the property is located.

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Property Documents

Relinquishment Deed

₹6499

₹ 11999 (45% Off) ₹5500 Save

Gross Total

₹6499

Deliverables *

a) Detailed call with the Lawyer on Relinquishment Deed

b) Best in Class drafting of the Relinquishment Deed. 

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Frequently Asked Question

What is relinquishment deed?

A Relinquishment deed is a legal document created when any co-owners of an inherited property want to give up their rights and claims on the property and transfer it to another co-owner. 

Can an unregistered relinquishment deed be used in a property transaction?

No, It must be registered in court to be legally valid

In which kind of property a relinquishment deed can be done?

A Relinquishment deed can be created only in cases of inherited properties.

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Relinquishment Deed

It is a deed drafted and registered so that the co-owners can legally transfer property's share to another co-owner of the property. It is kind of No Objection issued in favour of one of the Co-Owner by the other cor-owners if they want to sell the property.

LegalKart reviews and ratings LegalKart reviews and ratings LegalKart reviews and ratings LegalKart reviews and ratings LegalKart reviews and ratings 4.4 / 5 ( 1707 Reviews)
People purchased

2547 People purchased

Property Documents

Relinquishment Deed

₹6499

₹ 11999 (45% Off) ₹5500 Save

Gross Total

₹6499

Deliverables *

a) Detailed call with the Lawyer on Relinquishment Deed

b) Best in Class drafting of the Relinquishment Deed. 

Show More Deliverables Points
Show Less Deliverables Points

We Accept

LegalKart Payment Gateways