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Adv Umale Ganesh   20 June 2022

Validity and requirement of relinquishment deed

what are the requirement for valid/legal relinquishment deed if it's made in favour of blood relative or would it still be valid if it's made in favor of a joint owner who is not a blood relative

 



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 1 Replies

SHIRISH PAWAR, 7738990900 (Advocate)     20 June 2022

Hello,

The gift deed can be executed in favor of a blood relative or co-owner of the property both are valid. You have to register the gift deed with the sub-registrar by paying stamp duty and regsitration charges otherwise it is not legal and valid. 

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