Release Deed Explained | Transfer Property in Family & Save Stamp Duty | Hak Tyag Patra (100)

Описание: 📜 Want to transfer your share in a family property to another family member without the high costs of a Sale Deed or Gift Deed? A Release Deed (हकत्याग विलेख) might be the perfect legal solution for you! In this detailed video, Advocate Naresh Kudal from Vidhan ka Gyan breaks down everything you need to know about the Release Deed in India. Learn how to legally relinquish your right in an ancestral or jointly-owned property in favor of a co-owner, saving a significant amount on stamp duty. This guide is essential for anyone dealing with inherited property disputes or transfers.
🧠 In this video, you will learn:
What exactly is a Release Deed (Hak Tyag Patra)?
In which situations can a Release Deed be used?
Who is eligible to execute a Release Deed and in whose favor?
The complete process of drafting and registering a Release Deed.
The crucial differences between a Release Deed, Gift Deed, and Sale Deed.
How a Release Deed can save you money on stamp duty charges.
The legal consequences of not registering a Release Deed.
Answers to frequently asked questions about transferring property rights.
⏰ Timestamps:
0:00 - Introduction to Property Transfer Issues
0:35 - What is a Release Deed (Haq Tyag Patra)?
1:14 - Legal Definition of a Release Deed
1:34 - Which Property is Eligible for a Release Deed?
2:27 - Is Registration of a Release Deed Compulsory?
2:40 - Why Choose Release Deed Over Gift/Sale Deed? (Stamp Duty Benefits)
3:13 - How to Draft a Release Deed: Essential Details Explained
4:45 - Release Deed vs. Gift Deed: Key Differences
5:36 - Can Multiple Owners Release Shares in a Single Deed?
5:56 - The Critical Importance of Registering a Release Deed
6:20 - Conclusion & How to Contact Us
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▶️ Watch Our Other Informative Videos:
Gift Deed vs. Sale Deed: Which is Better for You?
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How to Divide Ancestral Property? Complete Partition Process Explained
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Understanding WILL (Vasiyat): How to Make a Legally Valid Will in India
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⚖️ Disclaimer:
This video is intended for informational and educational purposes only, in compliance with the rules of the Bar Council of India. It does not constitute advertising, solicitation, or legal advice. Viewing this video does not create an attorney-client relationship. The information provided is general in nature and may not apply to your specific situation. Always consult with a qualified legal professional for advice tailored to your needs.
Thanks for watching,
Team Vidhan ka Gyan,
Advocate Naresh Kudal