Frequently Asked Questions
A Release Deed is used to legally give up one person’s share in a property so that another co-owner becomes the full owner. It is mostly used in family settlements and inherited properties.
Yes. Registration at the Sub-Registrar Office is mandatory. Without registration, the Release Deed is not legally valid.
For family members, the total cost is around ₹7,000–₹8,000. For non-family members, the cost is around ₹12,000, including the registration fee.
The Release Deed cannot be fully registered online, but most steps such as drafting, document checks, and appointment booking can be done digitally. If a co-owner is outside India, they can give a Power of Attorney (POA) so their representative can sign at the Sub-Registrar Office. Platforms like VaultProptech help complete the entire process smoothly, including POA support for NRIs.
A Release Deed can only be cancelled through a court order, and only if it was made by fraud, force, or misinformation.
Yes. If multiple heirs inherit a property and one person wants full ownership, the others must sign a Release Deed to transfer their share.
A Release Deed is only between existing co-owners of the same property. A Gift Deed can be made to any person, even if they are not a co-owner.
Yes. A Release Deed is usually done without any payment. It is commonly used for family settlements.
The ownership details are updated in the BBMP and Sub-Registrar records. The new owner can then apply for Khata update and tax payments.
Most Release Deeds are completed within 3 to 7 working days, depending on document verification.
Not mandatory, but highly recommended. A lawyer ensures the deed is legally correct and protects you from future disputes.
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