PROPERTY REGISTRATION
Benefits Of Redemption Of Mortgage:
1. Redemption is the end of Mortgage, the property is free from Debt.
2. You also get your original title deed which is deposited with lender/bank.
3. By the help of release deed, you will remove the bank name from other rights in 7/12 extract/index-II its very important to make the clear title of the property.
1. Once you create draft you have to Upload your required documents for Creating MOU Draft or You can email us documents for uploading.
2. After sucessfully uploading all required documents our team will make all preparation of your legal documentation as per requirement of government laws and rules.
3. Then We will send you all this legal documentation for confirmation.
4. Once the documents are confirmed Then make the payment of government stamp duty registration and all needed as per requirement.
5. Then our team fix the appointment with government official.
6. Our legal team will execute and represent your document with all parties and witnessess infront of government authority.
7. Legal team will give you the preapproved registered document to read and finalize before done registration.
8. Taking the photo and thumb impression of all parties, witnesses infront of authority.
9. Our legal team doing the process of stamping carefully.
10. Afterward Deliever you final legal document in 2-3 working days.
● ID Proof
● Address Proof
● Photos
● Index-II of the mortgage.
● N.O.C from Mortgagee/Lender/Bank With proper date.
● Authority letter of the Authorized person from Bank/Mortgagor with proper date.
FAQ
In a joint family, any co-owner will release the right from the property knowingly or by wish called a release deed.
Every man or woman can do the release deed but that person must have a member of the joint family.
If the property is ancestral property or joint family property then it is possible to make release deed of that property.
According to law release deed only possible when sharing property in family or family co-owner then possible to give release. The person can give release to one or many people.
No. release deed is possible only for a family member. If from release deed the member from out of family then needs to pay a stamp according to the sale deed
Yes it is possible, generally release deed it is made by wish but in that case, also some kind of consideration amount is decided.
If the release is given by married woman then only 200/- stamp requires for register the release deed otherwise for other members of the family need to pay regular stamp.
In every release deed, it best to take concern of advocate and make a document in legal language.
- Mention the proper information of releasers like name, Address, Age and Occupation
- Mention the proper information of releases like name, Address, Age and Occupation
- The property description of property considers releasing deed and property description of a share of release.
- Every family member information and details.
- Document execution date and sign with the witness.
- Stamp duty as per law.
- Register the release deed as per law.
No, it is not required if the girl gets married wanted to release the property rights because on the day as a family member one day need to take release from the family property if her name is not on the 7/12 extract.
First of all, get the death certificate of death person from Local self-governing body.
- Give application for inheritor affidavit into tehsil office, This application can be done any one of the inheritors.
- 3. If the name is not added intentionally in inheritor affidavit then its criminal offence so keeps in mind that add all the name in inheritor affidavit.
How the releaser gets rights for release deed to mention it very clearly. Wording and sentence of this should be very precise and clear.
- The Proper description of the property on which property rights get a release from releaser. For example, releaser going to release the property then describe the land four boundaries of land, Area, Local name, Survey number, pothissa number, Tehsil, District everything in detail.
- Reasons behind this release deed should be neat, clear and do not have any ambiguity.
- The release deed language should be easy to understand and meaning of this should be very clear and honest so that afterwards there is no chance of any dispute.
- Release deed must register in the presence of witnesses with there sign. If the release deed from a woman then its always better the witness is her husband or her son, Her daughter etc.
- Write the proper name, address, age, sign and thumb of release and releaser.
- Write the witness with their name, address and sign.
Instead of this releaser must be eligible to release and he/she not in pressure to do it. The said person should not be minor or mad.