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Relinquishing rights from father's property

(Querist) 23 October 2012 This query is : Resolved 
Dear Friends,

A Muslim person has three sons and two daughters.

One of the son is in financial difficulty and has therefore requested his father to help him with a sum of Rs.10 Lac.

Against the receipt of the aforesaid money, the son is willing to relinquish his all his rights over his father's property.

Is this legally tenable under the muslim personal law?

If yes, then can a Release Deed be executed between the Son and the other members of the family?

Or how else can this transaction be captured?

Please help me with the relevant sections and or draft of the document.

Regards,

Sachin
adv. rajeev ( rajoo ) (Expert) 23 October 2012
His father is only absolute owner of the property. Now son cannot relinquish his rights over the property of his father because during the life time of his father he has no share in the properties.


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