Relinquishment Deed

A relinquishment deed is a crucial legal document used when a co-owner of a property voluntarily gives up or renounces their share in favor of another co-owner. This deed effectively transfers the rights, title, and interest of the relinquishing party to the recipient, often a legal heir or family member. It must be executed voluntarily, registered with the sub-registrar’s office, and stamped as per state laws to be legally valid and enforceable. Once registered, the relinquishment is irrevocable, making it a powerful tool for streamlining property ownership within families, particularly in matters of inheritance. This document plays a vital role in clarifying property titles and avoiding future disputes among co-owners.