release deed of proeprty
Swaroop Godbole
(Querist) 15 November 2010
This query is : Resolved
Mother: died intestate and leaving behind her self acquired proeprty.
four daughters inherits to property from her mother.
whether a daughter can execute a release deed without consideration in favour of other sisters ?
Devajyoti Barman
(Expert) 16 November 2010
No if the deed is registered. If not then in the release deed the sisters will have to state that in lieu of their share they got owelty money.
Khaleel Ahmed Mohammed
(Expert) 16 November 2010
Yes she can execute a release deed with the consent of her heirs without any consideration.
Shashikant V. Patil
(Expert) 16 November 2010
Yes, Mr Khalil is right, she can execute a release deed volunteerly and willingly with consent of her heirs without taking any consideration.