Name removal in registry.
Sandy
(Querist) 19 March 2017
This query is : Resolved
I purchased a plot in Lucknow with one of my friend (no blood relationship) but now I want to remove my friend name in the registry so that I can become the sole owner of the property. What will be the procedure for this.
kavksatyanarayana
(Expert) 19 March 2017
Your friend shall execute a release deed for his joint right over the property in favour of your self for a consideration for his right as mutually decided by both of you and get it be registered in Registrar Office
Advocate Bhartesh goyal
(Expert) 20 March 2017
Your friend has to execute and registered a release deed for relinquish of his rights over joint property.
Sandy
(Querist) 20 March 2017
Sorry didn't get what exactly mean by release deed? Do you mean to say that I need to pay stamp duty and registry charges as per my circle rate again for my half plot?
Can you please explain in details?
Because:
1. I don't want that he claim anything in near future.
2. Want to take construction loan from bank.
3. I'm not involving any financial transactions as of now.
Dr J C Vashista
(Expert) 21 March 2017
Nominal registration fees is charged in a release deed.
You have adequately been advised by experts, nothing more to add.
However, for further guidance and proceeding consult and engage a local lawyer.
Adv. Yogen Kakade 
(Expert) 21 March 2017
Stamp duty and registration charges are applicable. Visit the sub-registrar's office of the area where the property is located.
Adv. Yogen Kakade
(Expert) 21 March 2017
Stamp duty and registration charges are applicable. Visit the sub-registrar's office of the area where the property is located.
Dr J C Vashista
(Expert) 22 March 2017
Thank you Goyal ji for agreeing with me.
Kumar Doab
(Expert) 02 July 2017
Stamp duty as applicable in state has to be paid.
You have been adequately advised by experts.
You can inquire locally.
Sudhir Kumar, Advocate
(Expert) 02 July 2017
refer
http://www.lawyersclubindia.com/experts/Need-help-in-property-matter-646051.asp
despite above advise he has complicated the matter further.
Kumar Doab
(Expert) 02 July 2017
If the matter is already complicated approach , a very able local senior counsel of unshakable repute and integrity specializing in revenue/civil matters.
Kumar Doab
(Expert) 02 July 2017
One should tread carefully in property matters.
Litigation can be stressful, protracted and costly.
If one of the party becomes adamant he/she or his/her lawyers can pull the matters upto Apex Court.
Then one has to be content with decision of court of law.
