Family settlement or release deed is better
Mustafa Savai 
(Querist) 09 October 2024
This query is : Resolved
Can 4 brothers in which 1 brother will let go his share in the house property {standing in the name of Mother(expired)}. Later 2 brothers will pay the 3rd brother his share and get the property transferred on their name.
So should a release deed be made or a family settlement deed will be helpful.
Isaac Gabriel
(Expert) 09 October 2024
Settlement shal be the best option.
T. Kalaiselvan, Advocate
(Expert) 09 October 2024
The brothers who are willing to transfer their rightful share in the property to the other brothers, can release their shares in the property by executing a registered release deed relinquishing their rights in the property.
