A release deed (also called a deed of release) is used when a co-owner voluntarily gives up their share in a jointly owned property in favour of another co-owner. It's commonly used among family members settling inherited or jointly held property, letting one party become the sole or increased owner without a full sale transaction.
In Karnataka, stamp duty on a release deed among family members typically ranges from 1 to 2% of the property value, lower than a standard sale deed making it a cost-effective way to formalize ownership within the family.
We help you draft a valid release deed, calculate the correct stamp duty based on the share value, and complete registration so the transfer holds up legally.
Let Vault Proptech draft and register your release deed correctly.
A release deed (also called a deed of release) is used when a co-owner voluntarily gives up their share in a jointly owned property in favour of another co-owner. It's commonly used among family members settling inherited or jointly held property, letting one party become the sole or increased owner without a full sale transaction.
In Karnataka, stamp duty on a release deed among family members typically ranges from 1 to 2% of the property value, lower than a standard sale deed making it a cost-effective way to formalize ownership within the family.
We help you draft a valid release deed, calculate the correct stamp duty based on the share value, and complete registration so the transfer holds up legally.
Let Vault Proptech draft and register your release deed correctly.
Step 1
Pay ₹99 to get started, or pay 100% of advance upfront and get an exclusive discount.
Pay ₹99 to get started, or pay 100% of advance upfront and get an exclusive discount.
Step 2
Provide the property details, ownership information and documents of the parties involved in the release.
Provide the property details, ownership information and documents of the parties involved in the release.
Step 3
Our lawyers review the property documents and ownership details to understand the existing share and the proposed release.
Our lawyers review the property documents and ownership details to understand the existing share and the proposed release.
Step 4
Vault Legal Team prepares the Release Deed based on the agreed terms and assists with the required registration formalities.
Vault Legal Team prepares the Release Deed based on the agreed terms and assists with the required registration formalities.
Step 5
Once the deed is registered, receive the registered Release Deed for your records.
Once the deed is registered, receive the registered Release Deed for your records.

Establishes ownership of the property being divided or released.
Establishes ownership of the property being divided or released.


A Khata record provides municipal details of the property and its recorded ownership.
A Khata record provides municipal details of the property and its recorded ownership.


Confirms payment of property tax for a specific assessment period.
Confirms payment of property tax for a specific assessment period.

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