Legal Question in Real Estate Law in India

3 brothers partners in business have 6 self acquired properties in their joint names.

Now they want to have two properties each against the above six in joint names.

If they by way of a relaese deed give up their rights in rest of the properties but for 2, will they be subject to any stamp duty in DELHI


Asked on 2/17/10, 3:50 am

1 Answer from Attorneys

Sudershan Goel India Law Offices of Sudershan Goel - Advocate

You may draw a family settlement and get it registered.

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Answered on 2/17/10, 6:39 am


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