Rajesh Mehra 06 November 2020

Relinquishment deed

I jointly along with my mother owned a flat with my share 75% & her share 25%.My mother wants to give up her balance share of 25% .Whether she can execute relinquishment deed for 25% share in my favor?

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This discussion explores the process for a mother to transfer her 25% share of a jointly owned flat to her child. It confirms that a mother can indeed execute a registered gift deed or a relinquishment deed to transfer her share in favour of her child. Specific details for Maharashtra indicate a stamp duty of ₹500 and registration fees of ₹200 for such a transfer.

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Hemant Agarwal (ha21@rediffmail.com Mumbai : 9820174108) 06 November 2020

1. Mother can execute REGISTERED Gift Deed in your favor for her 25% share.

In Maharashtra: Stamp Duty = 500/- and Registration Fees: 200/-

Keep Smiling .... Hemant Agarwal
VISIT: www.chshelpforum.com

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PRIYA RITA 06 November 2020

Yes release deed can be executed.

Sachidananda Rath 06 November 2020

Mother and her child have the same blood relation. So. mother can relinquish her share in favour of the child.

Please elicit your valuable jurisprudence on the opinion.

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