Release deed from sisters

Malharee Sutar (Querist) 19 February 2014 This query is : Resolved
What is the best method to remove names of sisters from Hindu father owned property (7/12) without paying stamp duty? Sisters are willing to relieve their rights from property.

Is it possible to include multiple survey numbers under one release deeed?

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ajay sethi (Expert) 19 February 2014
relinquishment deed . it attracts nominal stamp duty . it needs to be registered .

Devajyoti Barman (Expert) 19 February 2014
Stamp duty can not be avoided.
Release deed or gift deed , either of the two can be resorted to
Both have nominal stamp duty.

Rajendra K Goyal (Expert) 19 February 2014
Agree, relinquish deed or the gift deed can be executed.

Suhail A.Siddiqui (Expert) 19 February 2014
Relinquishment deed is best option.

Malharee Sutar (Querist) 20 February 2014
Thanks to all.

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Release deed from sisters

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