What is a Relinquishment Deed? Complete Legal Guide in English
📝 What is a Relinquishment Deed? Complete Legal Guide in English 📘 What is a Relinquishment Deed? A Relinquishment Deed is a legal document used to voluntarily transfer one’s legal share or inheritance rights in ancestral property to another co-heir. It can be done with or without consideration (payment) . ❓ What Does Relinquishment Mean? Relinquishment means giving up one’s legal rights in inherited property in favor of another legal heir. This is executed through a written and registered legal document known as a relinquishment deed. 👥 Who Can Execute a Relinquishment Deed? Any legal heir can relinquish their rights: Son / Daughter Wife / Mother Brother / Sister Note : The person’s name should be recorded on the 7/12 extract or property record . Examples: A sister can relinquish her share in favor of her brother A son can relinquish his rights to his mother A mother can relinquish in favor of her son ❗ Is Relinquishment Mandatory? No, rel...