Reliquiahment dead

Manoj Amrutkar (Querist) 25 April 2022 This query is : Resolved
Can we make reliquiahment dead for self earned property

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A relinquishment deed allows you to give up your share in inherited or jointly owned property in favour of another co-sharer. However, it cannot be used for self-earned property. If you jointly own self-earned property with someone else, you can execute a relinquishment deed for your specific share.

Advocate Bhartesh goyal (Expert) 25 April 2022
No, Relinquishment deed can be executed by A person for the properties inherited from ancestors and have share therein also be made for the properties left by parents died intestate means a co sharer can execute relinquishment deed in favour of another co sharer but relinquishment deed can not be executed for self earned properties.

SHIRISH PAWAR, 7738990900 (Expert) 25 April 2022
Hello,

You can make relinquishment deed on properties in the joint name with other. So self earned property if jointly owned with another person in that case you can make relinquishment deed for your share.

kavksatyanarayana (Expert) 25 April 2022
If two or more persons have joint/coparcenary rights in a property and if one person wishes to relinquish the rights of his share in the property in favour of other persons, in such cases, the relinquishment deed is executed but not in self-earned property.

Dr J C Vashista (Expert) 26 April 2022
Very well advised by experts Mr. Bhartesh Goyal and Kavksatyanarayana, I concur the same.
However, I respectfully differ with the opinion and advise of expert Mr. Shirish Pawar as the self acquired property cannot be relinquished in favour of co-owner.

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