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    Model Relinquishment Deed

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    anubha
    This document is a model relinquishment deed between two brothers where one brother desires to relinquish his share and rights to a property that was jointly owned by his late father and other brother. The property was fully funded by the other brother but was jointly registered under both names out of affection. The relinquishing brother signs over all his share, rights, title and interest in the property to allow the other brother to become the sole owner.

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    © All Rights Reserved
    Download as DOC, PDF, TXT or read online from Scribd

    Model Relinquishment Deed

    Uploaded by

    anubha
    2K views2 pages
    This document is a model relinquishment deed between two brothers where one brother desires to relinquish his share and rights to a property that was jointly owned by his late father and other brother. The property was fully funded by the other brother but was jointly registered under both names out of affection. The relinquishing brother signs over all his share, rights, title and interest in the property to allow the other brother to become the sole owner.

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    Relinquishment Deed

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    This document is a model relinquishment deed between two brothers where one brother desires to relinquish his share and rights to a property that was jointly owned by his late father and other brother. The property was fully funded by the other brother but was jointly registered under both names out of affection. The relinquishing brother signs over all his share, rights, title and interest in the property to allow the other brother to become the sole owner.

    Copyright:

    © All Rights Reserved
    Download as DOC, PDF, TXT or read online from Scribd
    Download as doc, pdf, or txt
    2K views2 pages

    Model Relinquishment Deed

    Uploaded by

    anubha
    This document is a model relinquishment deed between two brothers where one brother desires to relinquish his share and rights to a property that was jointly owned by his late father and other brother. The property was fully funded by the other brother but was jointly registered under both names out of affection. The relinquishing brother signs over all his share, rights, title and interest in the property to allow the other brother to become the sole owner.

    Copyright:

    © All Rights Reserved
    Download as DOC, PDF, TXT or read online from Scribd
    Download as doc, pdf, or txt
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    Subject : Model Relinquishment Deed

    THIS DEED OF RELINQUISHMENT is made at ... on this .... day of ..... between Mr.
    xxx (give the name of your brother), aged .... years, son of ..... resident of ...... hereinafter
    referred to as the 'Releasor' of the ONE PART; AND Mr. ..... (give your name), aged.....
    years, son of ..... resident of ....... hereinafter referred to as the 'Releasee' of the OTHER
    PART.

    WHEREAS:

    1. The Releasor and the Releasee, are brothers.

    2. My deceased father and my brother Mr. (give your name), are joint owners of the
    immovable property namely (Flat / House etc.) situate at .... and more particularly
    described in the Schedule hereunder written being the property purchased by the
    Releasee, but jointly registered in the name of Releasee and my late father out of love and
    affection and regard of the Releasee for my father.

    3. The Releasor, being a contended man, and being conscious of the fact that the entire
    funding of the property in question was done by the Releasee, does not desire to claim any
    interest or share in the said property left behind by my late father. The Releasor, therefore,
    desires to release all his share, right, title and interest in the said property fully and
    completely in favour of the Releasee, so as to enable the Releasee to enjoy the said
    property all for himself alone, or to deal with it as he likes.

    NOW THIS DEED WITNESSETH that in the premises and out of natural love and
    affection and also conscious of the fact that the entire funding for the property was done
    by the Releasee, though the property was registered jointly in the name of Releasor and
    the father of the Releasee, the Releasor hereby releases and quits claim to all his share,
    right, title, interest, claim and demand in the said property left behind by the father of the
    Releasor described in the Schedule hereunder written unto and in favour of the Releasee
    to the intent and purposes that the Releasee will be the sole and absolute owner of the said
    property, without any let or hindrance from the Releasor or anybody claiming through or
    under him.

    SCHEDULE OF THE PROPERTY: The entire interest of the Releasor in the property,
    viz., Flat/House bearing No....... situate at ......... BOUNDED ON THE
    NORTH BY ..... Flat/House/Vacant land (as the case may be) No...
    EAST BY ......
    SOUTH BY ..... AND
    WEST BY .....

    IN WITNESS WHEREOF the Releasor has put his hand the day and year first herein
    above written.
    Signed and delivered by the within named Releasor:

    Signed and delivered by the within named Releasee:

    In the presence of:

    Witnesses:
    1. (Name and Address)
    2. (Name and Address)

    Please check up locally the Amount for which Stamp paper is to be purchased. The Stamp
    paper is to be purchased in the Name of the person who is to give the Release Deed (and
    not in your name). The purpose is to be indicated to the stamp vendor as 'Relinquishment
    Deed'.
    The stamp vendor will write the name as also the purpose on the backside of each of the
    Stamp Paper.
    After getting the stamp paper duly typed, get the same registered by approaching the Sub-
    Registrar's office under whose jurisdiction the property falls.
    Pl. feel free to get in touch, in case you need any additional clarification.

    The words in RED have to be suitably modified – when the Release Deed is being given
    by your Sisters and Mother.

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