C Goswami 29 August 2019

Relinquishment of property share

I am eldest sister of two younger brothers who inherited equal shares in house property. My youngest brother wishes to release his onethird share of basement to me. Whereas notionally 12% of indivisible land is associated with basement he does not wish to give up his land share of 4% so his flat will have 26% land share and rest our 2 flats will have 22% land share each (after selling the 4th flat) Is this legally possible?

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4 Replies

sm.calcutta (Advocate) 30 August 2019

Hello
Your brother can release the share of basement he desires to release in your favour, by executing a relinquishment deed.

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