Release bond
shraddhawagle1@gmail.com
(Querist) 27 April 2012
This query is : Resolved
My father, along with his mother and elder sister was an old tenant of a building since 1935 which was reconstructed on 8th march 1985. An agreement was signed between the builder,owner & tenants. After the death of his mother & sister , in march 2009, the society was formed. Now the society is asking him to execute a release bond and to pay the stamp duty on that release bond. then only society can admit him as a member of the society. is the execution of release bond necessary? is there any other option available?
Nadeem Qureshi
(Expert) 28 April 2012
Dear Querist
it is depend on the bye-laws of the society.
feel free to call
Shonee Kapoor
(Expert) 04 May 2012
Nothing left to be added.
Regards,
Shonee Kapoor
harassed.by.498a@gmail.com