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Showing posts with label RELEASE OF AN INTEREST IN IMMOVABLE PROPERTY. Show all posts
Showing posts with label RELEASE OF AN INTEREST IN IMMOVABLE PROPERTY. Show all posts

Saturday 5 October 2019

RELEASE OF AN INTEREST IN IMMOVABLE PROPERTY


RELEASE OF AN INTEREST IN IMMOVABLE PROPERTY

DEED  OF   RELEASE   is   made   at   ____________   this   _________   day   of

_________ between Sri.____________________ S/o._____________________
residing                   at__________________________________________________

hereinafter       referred     to       as     the       ‘Releasor’       of     the       One      Part       and

Sri.____________________                  S/o._____________________                   residing

at__________________________________________________ hereinafter referred to as the ‘Release’ of the other part.

WHEREAS –

1.  The Releasor and the Releasee, who are full sister and brother by relation, are joint owners of the immovable property situate at ________ and more particularly described in the Schedule hereunder written being the property inherited by them from their father.
2.  The Releasor does not desire to claim any interest or share in the said property as she is married and well placed in life and she has received sufficient amounts in different forms from her father and she, therefore, desires to release all her share, right, title and interest in the said property so as to enable the Releasee to enjoy the same alone or deal with it as he likes.

NOW THIS DEED WITNESSETH that in the premises and out of natural love and affection for her brother the Releasee, the Releasor hereby releases and quits claim to all her share, right title and interest claim and demand in the said property described in the Schedule hereunder written unto and in favour of the Releasee to the intent and purposes that the Releasee will be sole owner of the said property.

IN WITNESS WHEREOF the Releasor has put her hand the day and year first hereinabove written.

THE SCHEDULE ABOVE REFERRED TO:







Signed and delivered by the


}
Within named Releasor _____________
}
In the presence of _______________

}
Signed and delivered by the with named

Releasee in the presence of 
}