Hi
Facts of my case: My deceased father is survived by his wife (my mother), 3 daughters(all married), and one son (myself). He had created few immovable assets during his life time in the name of my mother and his own name. It has been agreed within my family that all the property which is in my fathers name should immediately be transfered to my name. Secondly the immovable properties which are in my mothers name should be continued in her name and deed should be executed by which after the death of my mother the property should automatically be registerd in my favor. I have the following questions:
1. Can a single deed be executed taking care of all the above scenarios?
2. Which is the best possible and most cost effective method? family settlement or relinquishment?
3. Can a relinquichment deed be executed before the death of the owner.
4. Can a relinquishment deed be executed on a property which is under a lease deed to my mother?
Kindly help with your thoughts.
