Can someone please clarify what is the difference between:
1) Relinquishment Deed with Consideration
2) Relinquishment Deed WithOut Consideration
Thanks
Gita
gita (self) 22 October 2014
Can someone please clarify what is the difference between:
1) Relinquishment Deed with Consideration
2) Relinquishment Deed WithOut Consideration
Thanks
Gita
bhagwat patil (Property due diligence 9422773303) 22 October 2014
RELEASE DEED
OR RELINQUISHMENT
Relinquish means to give over possession or control of or to leave off. A release deed or relinquishment deed is an instrument by which a person renounces a claim upon another person or against any specified property and includes (10 A renunciation of claim 2) against another person or against specified property but does not include a release or discharge of mortgage of mark able securities.it is without consideration if consideration is taken it is sale deed.
chowdary (Advocate) 23 October 2014
S R SHETTY (MANAGER - LEGAL) 23 October 2014
Can we make Relinquishment Deed without consideration of Rs. 100 stamp paper or it attracts stamp duty as per prevailing rates?
gita (self) 23 October 2014
thanks all for the answers.
Gita