Share in ancestral property

Querist : Anonymous (Querist) 05 January 2021 This query is : Resolved
SIR
SHARES IN ANCESTRAL PROPERTY CAN BE WAIVED OR WITHDRAW BY WAY OF GIVING NOTICE IN LOCAL NEWS PAPER THROUGH LAWER. ITS VALID ?

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Guest (Expert) 05 January 2021
Only an Registered Document in these sort of issues would be Legally Valid.

Isaac Gabriel (Expert) 05 January 2021
Relinquishment deed is the right option.

SHIRISH PAWAR, 7738990900 (Expert) 05 January 2021
Hello,

You can release your share in the ancestral property in the name of other persons by way of a registered relinquishment deed. Giving notice in the local newspaper is not sufficient.

Advocate Bhartesh goyal (Expert) 05 January 2021
Yes ,you can release your share by registered relinquishment deed.Publishing notice in newspaper in this regard is not lawful.

kavksatyanarayana (Expert) 05 January 2021
No. Paper publication is not sufficient. Registration of relinquishment/release deed is compulsory under Sec.17 of Registration Act.

J K Agrawal (Expert) 06 January 2021
well answered by My Learned friends and I agree with them but exceptions are there. I think that rule of estoppel can be applied if applicable. further rule of perpetuity, and rule of leaches waiver and delay also having its own effect. All these supersede even a written or registered documents. You may gain rights on rule of acquisition of title by prescription also.

Dr J C Vashista (Expert) 07 January 2021
I endorse experts opinion and advise.
Registered RD is a good option.

krishna mohan (Expert) 25 February 2021
You can consent to family settlement deed by transferring your rights in favour of any legal heir as per registration requirements. You can take the help of a lawyer or property document writer for right help and guidance.

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