Release deed - percentage of released share Release deed - percentage of released share

1 year ago

In a release deed should the percentage of released share be mentioned in schedule?
Does it impacts the ownership ßhare or releasee

Abhimanyu Shandilya

Responded 1 year ago

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A.Dear Client
In case you do not mention the portion or share that you are going to release and mention that specifically in the Schedule of the deed then it will be considered as the whole property is getting released.
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Anik

Responded 1 year ago

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A.Dear Client
Percentage of release share should be mentioned in the document where it is required as well as in schedule also.
I hope it helps.
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Kishan Dutt Kalaskar

Responded 1 year ago

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A.Dear Sir,
Yes, the share of the release to be mentioned in the release deed otherwise it will be a vague release deed. If not added, then get rectification deed and get it registered.
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