Release deed consideration
2 years ago
Which is the best way to pay consideration without showing in a release deed of blood relatives property nomination relinquishment and justifying the transaction being compensated
A.It will be difficult to link the release deed transaction with the consideration amount as you cannot later on take it as evidence to showcase is was said. Reason being if you do it then the court will consider this as illegal action to avoid the stamp duty. So, either you mention the consideration amount in the deed or just take it in any form with a risk that you cannot show that as proof in any court of law, if required.
Helpful
Helpful
Share
Read Related Answers
Covered garage
Dear Client,
The owner of a property is liable to pay the property tax levied by the local civic body i.e, the Municipal Authority. This tax may vary from one location to another and various other fac...
Government Land Occupying
Dear Client,
The Government land cannot be a subject matter of a transaction between the private parties. Instead, the Government acquires private land whenever required for public purposes under the...
Balcony extension
Dear Sir,
Yes, you can do so with the formal permission of either association people or builder. You may file representation before them and get consent.
Digging borwell infront of my house without permission
Dear Client,
If the land/place belongs to the Government, then your permission is not required. You cannot raise your voice against the installation of a borewell near/in front of your house. Your obj...
Property documents
Dear Sir,
It is not safe to give your originals to any broker. Thereafter, they may blackmail you.
Read Blogs on Property
Property Lawyers
Find Lawyers by Location
