LCI Learning

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

Karthik   10 November 2020

Release deed between a daughter and her step-mother

If a daughter and her step-mother are co-owners of a property can the daughter relinquish her claim in the property by signing a release deed? Is that correct and legally valid? What should be the best way to transfer the claim of the daughter to get step-mother? Kindly advise! Thank you.


Learning

 4 Replies

Real Soul.... (LEGAL)     10 November 2020

yes,she can do so. or she she can gift the property

Advocate Bhartesh goyal (advocate)     10 November 2020

Daughter can't relinquish her ownership rights in property owned jointly by her and her step mother to her step mother as no blood relation between daughter and step mother however daughter can gift her share in property to her step mother.

Real Soul.... (LEGAL)     10 November 2020

I think a co- owner can release another of its share by way of realese deed...

kavksatyanarayana (subregistrar/supdt.(retired))     10 November 2020

Yes.  The daughter and Stepmother are co-owners of the property.  So the daughter can relinquish her rights to her stepmother.  If the daughter gift her share to her stepmother, no concession will be given in Stamp duty at the time of registration.


Leave a reply

Your are not logged in . Please login to post replies

Click here to Login / Register