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How lengthy does it take to execute a relinquishment deed?

2 min read

I wish to spotlight the matter of the relinquishment deed. I’ve a nuclear household consisting of my dad and mom, my youthful brother, and myself. My father expired two years in the past and after him, we’re three authorized heirs of his property. Now the query is, can my brother make a relinquishment deed after getting his share (as there will probably be 3 shares)? He needs to provide his share to his mom earlier than going overseas within the subsequent month. Can you assist with what number of days will it take to do such a course of? – Anonymous

We assume that you’re a Hindu and that your father handed away intestate i.e., with out leaving his final Will and Testament and consequently, your mom, your brother and you might be every entitled to one-third undivided rights, title, and curiosity in your father’s property/ property. Upon the demise of your father who died intestate, every of you instantly grow to be house owners having undivided one-third of rights within the property of your father. Since your brother needs to relinquish his share which comes instantly on the demise of your father, to your mom, it’s attainable by the use of executing a relinquishment or a launch deed in favour of your mom. You can also be aware that in case of immovable property, the identical will required to be adequately stamped by way of state stamp legal guidelines and likewise registered earlier than the involved registrar to be legitimate. The registration of the relinquishment/launch on the acceptable sub-registrar’s workplace having jurisdiction of the immovable property after cost of ample stamp obligation as relevant together with the registration fees by way of the State legal guidelines. Depending on the state the place the property is located and the preparation of the discharge deed, it might take roughly 5 to seven days for the registration to be accomplished.

(The question has been answered by Aradhana Bhansalip, associate, Rajani Associates. Please ship queries and views at mintmonet@livemint.com)

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