Know More About Release Deed

What Is Release Deed

A deed of release or release deed is a legal document that removes the claim of a person from an immovable property and transfers his/her share to the co-owner. The release deed procedure is executed in the sub-registrars office and both the parties are required to be present for signing it.

What is the difference between release deed and gift deed

In release deed all documents related to the transfer of immovable property, need to be signed by both parties, registered and stamped. Gift deed is formed between two parties without any consideration, where as release deed needs a consideration for being a valid deed.

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Documents Required For Release Deed

*Previous Deed

*Present Khata

*Latest Tax Paid Receipt

*Vendor (Aadhar & Pan Card)

*Vendoee (Aadhar & Pan Card)