Release deed

Rahul (Querist) 18 August 2025 This query is : Resolved
Respected sir,
My father expired. He was single owner of flat.
We are 3 legal heirs viz. my mother, myself and my sister which have equal share of 33.33%

Can we execute release deed in the following ratio
Mother - 50% (+16.66%)
Son - 25% (i.e release 8.33% in mother name)
Daughter - 25% (i.e release 8.33% in mother name)

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Quick Summary

Following the passing of a sole owner, three legal heirs are considering executing a release deed for their inherited flat. They wish to transfer shares in specific percentages to their mother. However, it's advised that a release deed cannot be executed on a percentage basis; it pertains to one's entire share. Alternative solutions suggested include executing a family settlement or the heirs gifting their respective shares directly to their mother for a clearer transfer of ownership.

T. Kalaiselvan, Advocate (Expert) 18 August 2025
You cannot relinquish the flat property in percentage wise
If you are relinqushing your rights in the property it will be for your share in the property.

Advocate Bhartesh goyal (Expert) 18 August 2025
Relinquishment deed can not be executed on percentage basis Better execute family settlement .

P. Venu (Expert) 19 August 2025
Why this complicated and convoluted arrangement?

kavksatyanarayana (Expert) 19 August 2025
You and your sister may gift your shares to your mother, which is the best in my view.

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