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Naveen (CEO)     28 May 2013

Relinquishment deed

Dear Sir,

I am from Delhi, My father passed away in 2009. He has Power of Attorney of the House. After that me & my 2 sisters registered a relinquishment deed in my favor. My question is:-

1) As the property was on Power of attorney earlier, should I have to register in my name now & pay the stamp duty on today's circle rate?

2) OR Is the registered relinquishment deed is valid as well as a registered property.

3) I heard that no stamp duty has to pay because it comes to me from my father.

Please clarify.....

Thanks in advance!

Naveen



Learning

 2 Replies


(Guest)

Registered Relinquishment Deed is not a proof of ownership!

Property should be registered in the name of the person in whose favour the relinquishment deed was executed.

In my opinion, you will have to pay stamp duty for transfer of property in your favour.

1 Like

(Guest)

@Querist,

 

1.Relinquishment deed by your sisters means they have abandoned their right to claim on property.

 

2.Stamp duty has to be paid for the transfer of property.

 

Note-This reply should  be taken as per the declaration given in my profile page.

 

Thanks,

Regards,

1 Like

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