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Gift, will & POAPune · PCMC · Mumbai · Thane · Palghar

Release Deed — Relinquish Your Share in Family Property

When a parent passes away, inherited property is jointly owned by all legal heirs. A release deed lets one or more heirs give up their share in favour of others, so the property can be held, sold or mortgaged by one owner.

Release document with pen and glasses
Reviewed by our legal team
Quick answer

A release deed (relinquishment deed) is a registered document by which a co-owner gives up their share in jointly held property in favour of the other co-owners. In Maharashtra, when legal heirs of a deceased owner release inherited property to the spouse, children or grandchildren of the deceased, stamp duty is only ₹200; other releases pay duty on the market value of the share released.

What is a release deed?

A release deed is the legal way for a co-owner to give up (release or relinquish) their right in a property in favour of the remaining co-owners. It is most common after inheritance: when a father dies without a will, his widow and children all become co-owners; siblings may then release their shares to the mother or to one brother so the title is clean.

A release can only be in favour of someone who already has a share. To transfer to an outsider you need a sale deed or gift deed instead. Unlike a will, a release takes effect immediately and cannot be withdrawn after registration.

Documents required for release deed

Releasor(s)

  • Aadhaar and PAN card
  • Passport-size photographs
  • Consent of all releasing heirs

Property & succession

  • Death certificate of the original owner
  • Title deed / Index-II / 7/12 or property card
  • Legal heir proof: family tree affidavit, succession certificate or heirship certificate
  • Latest property-tax receipt

Releasee(s) & witnesses

  • Aadhaar and PAN of releasee
  • Aadhaar of two witnesses

How the release deed process works

  1. Map the family tree

    We list all legal heirs under the applicable succession law and check that every heir who must sign is included.

  2. Draft the release deed

    Share being released, consideration (if any), description of property and confirmation that no rights remain.

  3. Stamp duty

    We check eligibility for ₹200 duty or compute duty on the market value of the released share.

  4. Registration

    All releasors, releasees and witnesses sign at the Sub-Registrar office. Heirs abroad can sign through a POA.

  5. Update records

    With the registered deed we help mutate property tax, 7/12 and society records.

Get your release deed done without the guesswork

Send your details on WhatsApp. We share the exact document list and stamp-duty estimate before you pay anything.

Release deed stamp duty in Maharashtra

Under Article 52 of the Maharashtra Stamp Act, a release of ancestral property by legal heirs of a deceased person in favour of the deceased’s spouse, children, grandchildren or the wife of a deceased son attracts a concessional stamp duty of ₹200. Other releases pay duty at the conveyance rate on the market value of the share released.

Registration fee is payable in addition. Because the ₹200 concession depends on who is releasing to whom, we check the relationships before drafting.

Release deed vs gift deed vs will

Release deedGift deedWill
Takes effectImmediatelyImmediatelyAfter death
In favour ofExisting co-ownersAnyoneAnyone
Typical duty (family)₹200 for qualifying heirs₹200 residential to close familyNo stamp duty
Can be revokedNoGenerally noYes, any time

Our guide Gift deed vs release deed vs will explains which suits your family.

Release Deed (Relinquishment) in Pune, Pimpri-Chinchwad, Mumbai, Thane & Palghar

We handle release deed for clients across these cities. What differs locally:

CityWhat to know locally
PuneStamp duty ~7% in PMC limits (6% for women), incl. metro cess & LBT. Registered at Haveli and Pune city Sub-Registrar offices.
Pimpri-ChinchwadStamp duty ~7% in PCMC limits (6% for women), incl. metro cess & LBT. Registered at Jurisdictional Sub-Registrar office for Pimpri-Chinchwad (Haveli / Maval / Mulshi as applicable).
MumbaiStamp duty 6% in BMC limits incl. 1% metro cess (5% for women). Registered at Mumbai City and Mumbai Suburban Sub-Registrar offices.
ThaneStamp duty ~7% in TMC limits (6% for women), incl. metro cess & LBT. Registered at Thane district Sub-Registrar offices (Thane, Kalyan, Bhiwandi, Ulhasnagar, Ambernath).
PalgharStamp duty ~4–7% depending on corporation, council or gram panchayat limits. Registered at Palghar district Sub-Registrar offices (Vasai, Palghar, Dahanu and others).

Frequently asked questions

What is the stamp duty on a release deed in Maharashtra?

₹200 where legal heirs of a deceased person release ancestral property in favour of the deceased’s spouse, children, grandchildren or the wife of a deceased son. In other cases stamp duty is charged at the conveyance rate on the market value of the share released.

Can a release deed be made in favour of a person who is not a co-owner?

No. A release only works in favour of an existing co-owner. For anyone else, a gift deed or sale deed is needed.

Do all legal heirs have to sign the release deed?

Only the heirs who are giving up their shares sign as releasors, but the releasee also signs and all heirs should be correctly listed so the resulting title is clear.

Can a married daughter release her share in her father’s property?

Yes. Daughters have equal coparcenary and inheritance rights under the Hindu Succession Act, so a married daughter is a co-owner and can release her share to her mother or brothers through a registered release deed.

Can a release deed be cancelled?

Once registered, a release deed is final. It can only be set aside by a court on grounds such as fraud, coercion or misrepresentation.

What if one heir lives abroad?

The heir can sign a power of attorney at the Indian consulate (or apostilled) in favour of someone in India. The POA is adjudicated in Maharashtra within three months and the attorney signs the release deed.

WhatsApp enquiry

Enquire about release deed on WhatsApp

Tell us which document you need. A documentation executive replies on WhatsApp with the document list, a stamp-duty estimate and the next available slot — usually the same working day.