Relinquish of Deed

GOUTAM ACHARYYA (Querist) 28 November 2010 This query is : Resolved
5 katha land purchased in the name mother, elder brother and younger brother. At now family settlement mother and younger brother relinquish his/her right of the said land.Is that only Rs.100 Non Judicial Stamp paper Notary Public oath of declaration is valid??

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s.subramanian (Expert) 28 November 2010
Release deed is registrable compulsorily.

Advocate Bhartesh goyal (Expert) 28 November 2010
I agree with s.subramanian

R.Ramachandran (Expert) 28 November 2010
Dear Mr. Bhartesh,
Don't you feel that the adequacy of the value of the stamp paper still remains unanswered?

Kirti Kar Tripathi (Expert) 29 November 2010
I agree with experts that it must be registered and parties has to pay required stamp duty on the basis of valuation of the property.

Arun Kumar Bhagat (Expert) 05 December 2010
The deedmust be registeredand approx. stamp duty of .5% of market value is levied.

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Relinquish of Deed

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