Relinquishment Deed

The Relinquishment deed is a kind of deed that helps the co-owners to transfer the property share’s to the second or any other co-owner of the property, it is also a kind of No-Objection issued when any of the co-owner want to sell the property and is made by one co-owner in the favour of other.
 

What is the Relinquishment Deed?

The relinquishment deed online is a type of document that allows the legal heir to transfer the rights of the inherited property for the benefit of other legal heirs, when any of the co-owner dies this relinquishment deed online transfers the ownership, and thus by the medium of this deed the legal heirs can send their shares to the co-owner of the property,it can be assigned for with consideration or without the consideration or without consideration, and parties in the relinquishment deed must be Co-owner and the legal heir to the property.  

• The Title Description of Property 
• The details about the releasor and the executant
• The details of the Releasee
• All the minutes details of the property 
• The main purpose must be mentioned in the relinquishment deed document 
• The details regarding the heirs should be mentioned with correct description 
• The proportion of shares that need to be shared should be stated 
• The clause related to releasing the shares in the property must be mentioned 
• All the authorised person should sign the document and get it registered before the Sub-registrar and also attested by two witnesses