Four simplified steps to do release deed among family members in Bangalore
- Documents
- Draft
- Government charges (Stamp Duty & Registration fee)
- Registration
Let me explain this answer with a real example:
Husband and wife jointly own a 2BHK flat in Bangalore. It means that husband owns 50% share and wife owns 50% share in the property.
Now husband wants to release 50% of his share to his wife so wife becomes sole owner of the property, we executed the Release Deed.
1. DOCUMENTS: Require for Release Deed Registration:
- Registered sale deed (of husband & wife purchased jointly)
- Current financial Tax paid receipt
- eKhata
- Aadhar of Releasor & Releasee (Husband and wife)
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2. DRAFT: Prepared the Release Deed Draft in word file. The draft looks like below images
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3. GOVERNMENT CHARGES: Below are the government charges for Release deed registration (subject to Karnataka)
- Stamp Duty: Rs. 5000
- Registration fee Rs. 1000
- Scanning Fee Rs,35 per page
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4. REGISTRATION: We submitted the application on Kaveri Online Service. Our application was approved in 2 working days, Made the payment and booked our registration slot
We need the following documents to submit an application on Kaveri Online Services
- Registered sale deed (of husband & wife purchased jointly)
- Current financial Tax paid receipt
- eKhata
- Aadhar of Releasor & Releasee
- Release Deed draft (to be registered)
Releasor, Releasee and two witnesses signed the Release Deed
In the sub-registrar office, the registering officer asked the Releasor, Releasee and 2 witnesses to sit at the registration counter. The officer took the photo from webcam, thumb impression and OTP authentication
. Below is the image of Registered Release Deed,
We provide assistance to register Release Deed. To opt for our service, please write to us pgnproperties@gmail.com or Whatsapp to + 9 1 – 97424 79020.
Thank you for reading…