Legal Question in Real Estate Law in India

In DDA and Land and development office relinquishment deeds are submitted then how it is said that Relinquishment perforce cannot be in favour of any particular cosharer ; if it is to operate in favour of a particular party it amounts to a transfer and must be effected either by Sale Deed or by a Gift Deed, depending entirely on whether there was any consideration for such a transfer.Kindly comment with citations


Asked on 10/01/12, 2:08 pm

3 Answers from Attorneys
Shrichand Nahar S.V.Nahar, Advocate

Search law journals.

Read more
Answered on 10/01/12, 10:31 pm
Vishwa Arya Arya & Co.

sir, relinquishment deed operates when the recorded owner dies, one sharer surrenders his rights without consideration in favour of the other cosharer. Sharer and co sharer have to be legal heirs of the deceased owner

Read more
Answered on 10/01/12, 11:16 pm
RAJIV GUPTA (Cell: +91 9811284735) [email protected]

You may visit my website www.karvai.in.

Read more
Answered on 10/02/12, 12:13 am


Related Questions & Answers

More Real Estate and Real Property questions and answers in India