Relinquishment Deed Clauses

The following are some of the important clauses that need to be included in the Relinquishment Deed:

Introduction and Title
In addition to the date of creation of the paper, the introduction section should contain the words' relinquishment deed/deed of renunciation.'

Identification of the Executant(s)/Releasor(s)
As the rights are released on a property by executing the document, the person who makes the renunciation deed is known as an executor or a releaser. All details are required, including the full name, name of the father / husband and residential address. It may be one or more of the owners of the current share.

Identification of Releasee
The person who receives the surrendered rights / titles / share is known as a releasee. All information such as full name, father's / husband's name and complete address should be carefully included.

Description of the Property
It is necessary to define the complete property. It is necessary to name the last absolute proprietor. At present, it is implied that there is no absolute owner as there will be no need for a deed of renouncement for a property owned entirely by a single owner. Since a timetable can be avoided in the end, all minute information need to be listed. Information such as full address, survey number, registration details, office details of the sub-registrar, such as office name, book number, volume number

Purpose
It should mention the very intent of a relinquishment deed. It could be that the complete owner of the whole estate died intestate. There would be no problems that would entail the development of a relinquishment deed if there were a testament / will, as division would be comparatively simpler and with easily distinguishable shares.

Heir Details
All current heirs of that property should ideally be named in a table with information such as name, address, age and relationship to the absolute owner of the deceased.

Share details
As there is no current will, according to the relevant Succession Act, the property would be held by heirs. It is important to note the proportion of the shares held by each heir before the formation of the relinquishment deed.

Relinquishment
The most significant provision in a renunciation deed is the mention, without any monetary consideration and out of natural love and affection, of the releasers / executors releasing their shares in the property in favour of the releasee. In addition to a statement that they and their legal heirs have no claim over the said property, the property should be identified again.

Signatures
The document shall be signed by all the executants and the releasee and attested by two witnesses before being registered at the concerned Sub-registrar office where the property is situated.