Property Transfer Property Transfer

4 years ago

Hi, I have joint property with my mother in Ghaziabad. We purchased it in 2016. To get it transferred in my name, what is better - a Will or relinquishment document? And what are the approximate charges for both.

Shreyash Mohta

Responded 4 years ago

A.You shall require a relinquishment deed.
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Kishan Dutt Kalaskar

Responded 4 years ago

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A.Dear Sir,
Release Deed or Relinquishment Deed are appropriate.
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Anonymous

Replied 4 years ago

Dear Sir, Thanks for your response. Just one more question please. Will there be any tax implications in case of relinquishment deed?

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Abhimanyu Shandilya

Responded 4 years ago

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A.Will will be less costly unless you want to get it registered. Only the lawyer's fee you will need to pay. Relinquishment Deed will need to be registered and hence it will cost you.
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