A relinquishment deed is a legal document that surrenders ownership, title, and rights from one party to another. Relinquishment deeds are most commonly used to transfer ownership rights in a co-owned or co-inherited property.

In the event of a relinquishment document, stamp duty is 6 per cent for males and 4 per cent for women. The Collector of Stamps/SDM should be used to pay the stamp duty. The registration fees for Relinquishment Deed’s is 1% of the total deed value plus

A gift deed, once issued, cannot be revoked, but it can be challenged in court on the grounds of fraud or coercion. Even if there is no consideration, a relinquishment deed is irrevocable. It can only be challenged in court on the basis of fraud or coercion