Dilpesh (Accountant) 02 March 2010

Transfer of Joint Property

I have purchae an apartment with joint name of my elder brother.Said property is jointly owned by me and my brother in all records of co-operative society like SHARE CERTIFICATE and ON SOCIETY'S RECORD. Now after our mutually (orally) sattlement my brother wants to give up his portion to me and i wants to remove his name from the title and want to be a sole owner of the property. What to do? (Which is the cheapest and easy way to remove his name from the property?)

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5 Replies

adv. rajeev ( rajoo ) (practicing advocate) 02 March 2010

Cheapest way is that: your brother should execute the rights relinquish deed in your favour.

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adv. rajeev ( rajoo ) (practicing advocate) 02 March 2010

Regd., rights relinquish deed

Dilpesh (Accountant) 02 March 2010

thanks for your reply...

I have to be Registred or noterised ?

Dilpesh (Accountant) 02 March 2010

is it a legal document to remove my brother's name from the records of OWNERS CO-OPERATIVE SOCIETY ?

Y V Vishweshwar Rao (Advocate ) 02 March 2010

After Registration of the Release /Relinquishment Deed , submit letter to Society with the copy of the Said Deed and ask the Co- Op Society to correct the Records - i.e;- you as single owner by removing your brother's name from the Society Records

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