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The property can only be released in the name of a person who is co-owner or co-sharer in the property. Or in other words, property cannot be released in the name of any third person other than the already existing co-owner. Hence, for a valid release deed, the person getting the released property must be a legal heir.
IN WHOSE NAME CAN A PROPERTY BE RELEASED?
The property can only be released in the name of a person who is a co-owner or co-sharer in the property. Or in other words, property cannot be released in the name of any third person other than the already existing co-owner. Hence, for a valid release deed, the person getting the released property must be a legal heir.
WHAT ARE THE DOCUMENTS REQUIRED TO DRAFT THE RELEASE DEED?
The property details and relevant property documents like previous sale or partition deeds.
The proportion of shares owned by each heir up to the creation of the release deed should be mentioned.
Relationship status of two parties.
The two parties address/ID proof, Tax Paid receipts, Khatha etc.
The very purpose of a release deed must be mentioned.
Declaration regarding the no claim over the said property.
WHAT IS THE PROCEDURE TO REGISTER THE RELEASE DEED?
Follow the steps to get a release deed registered
The release deed is drafted by lawyer/legal experts.
Is must be printed on non-judicial stamp paper (Minimum) of Rs.100.
You must take the date for the registration of the deed from the sub-registrar office.
Just pay the registration fee which varies from state to state.
Signatures of both the parties along with two witnesses will be required to get a deed registered.
HOW AND DRAFT RELEASE DEED ONLINE?
If you have an immediate requirement of Release Deed for Registration, but you don’t know the procedure to get it and what are the other details that need to be covered and where to register the deed. It’s so simple and hassle free because we are here to help you.
Now, no need to waste the time in finding a lawyer and fulfilling other requirements. AcreOk is here to assist you in drafting a good Release Deed. You have to just fill the form and make payment online and we will get it registered in a very reasonable price. Just click the button below and to place your request.
Fill the Form Below.