Release deed
sandip shah
(Querist) 22 May 2019
This query is : Resolved
i am a married woman. i have 1 brother and 1 sister. i own a flat in cooperative hsg society at mumbai. the flat is in joint name, first name my self and second name my mother.
my mother has appointed me as her nominee for 100 % share of her share in the joint ownership flat.
now my mother is died and i wish to remove her name from share certificate of society.
my query is
1) do i need to submit DEED OF RELEASE by brother and sister for same?
2) if yes, does it need registered at registrar office
3) what amount stamp paper is require for deed of release?
pls guide
sandip shah
Dr J C Vashista
(Expert) 22 May 2019
Release deed is required if you are claiming absolute title of the flat in your name, whereas, as per your statement your requirement is just to get 100% "share" in Society records, which can be transferred on an application to the Hony. Secretary on a plain paper.
However, it would be advisable to consult a local prudent lawyer with relevant documents/ facts for proper appreciation, analyses, guidance and proceeding.
