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Archana Lad   03 October 2021

Gift deed or release deed

when person or co owner make a gift deed or release deed to other co owner, noc of legal heir of release deed owner is required? 

and in society can demand for the same when the property i or share certificate transfer to co owner if property is self earned .



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 1 Replies

Dr J C Vashista (Advocate)     04 October 2021

Relinquishment (Release) deed would not require any stamp duty for transfer of share of LR of the deceased, on the other hand stamp duty is charged for registration of gift deed in many States .

Issue of society share certificate is a separate subject..


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