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RELINQUISHMENT DEED
Online Indian legal format for relinquishment deed drafted by our online
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Deed of Relinquishment is made on this ----------------day of---------------------
by ------------------------------------, residing at---------------------------------------
(hereinafter called the First party which epression shall unless repugnant to
the contet thereof shall deem to include heirs, eecutors, administrators and
assigns! OF "#$ FIR%" &'R"(
')D
------------------------------- Residing at ------------------------------------------------
(hereinafter called the second party, which epression shall unless repugnant
to the contet thereof shall deem to include heirs, eecutors, administrators
and assigns! OF "#$ %$*O)D &'R"(
+hereas the &arty of the First &art is the legal heir of the deceased ,ate
%hri-%mt(-----------------------------------------------------------------------------------
who died interstate(
')D +#$R$'% the said %hri-%mt( -----------------------------------------------
has left behind him a property i(e( flat no(----------- situated in
-------------------admeasuring about ------------------- sq( ft( consisting of
--------------------------- rooms at------------------------------------(
')D +#$R$'% the second party has been residing with the deceased since
last--------------- years(
')D +#$R$'% during lifetime of %hri-%mt(--------------------------------------
he had epressed his desire to bequeath the said flat to the party of the second
part(
')D +#$R$'% the party of the first part was also aware of the same and as
such for transmitting share and interest in the said flat no(-------------------------
in favour of the party of the second part and first party has shown his
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readiness and willingness to eecute necessary documents by relinquishing his
share and interest as a legal heir in the said property(
')D +#$R$'% mutually it has been agreed that for the said share and
interest as legal heir in the said property of ,ate %hri-%mt(------------------------
for consideration of Rs------------------------------------------------------------------
to which second party has agreed to give to the party of the first part(
')D +#$R$'% the second party in order to become eclusive owner of the
premises the first party relinquishes and ceases to have any right, title or
interest therein(
')D +#$R$'% it is necessary to bring this fact on record(
NO! THIS DEED"INDENTURE !ITNESSES#
.( "he First &arty has released and relinquished in favour of the second
party all their rights, titles an interest in the said flat situated at
----------and to hold the same as the absolute owner along with all
furniture and fiture standing thereon( 'nd the first parties do hereby
declare that the said premise and has been the eclusive property of the
second party with effect from-----------------------(
/( "hat the first party, does hereby declare that the second party is entitled
to have his name incorporated as the owner of the said flat in the
records of the society by transferring share, title and interest in his
name( 'nd the first party will do every such assurance or thing for
further or more perfectly assuring the property released to the second
party as may be reasonably required(
I) +I")$%% +#$R$OF the parties hereto have eecuted this instrument on
the date, first hereinabove mentioned(
+I")$%%
.( First party
/( %econd party
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