Real Estate Laws

Memorandum of Family Settlement

Memorandum of Family Settlement-save stamp duty on partition

Memorandum of Family Settlement (MOFS) or Partition Deed ? Memorandum of family settlement and Partition Deed are often confused to mean the same thing but they both are different. When a co-owner of the property desires to separate and seeks his share in the property, in such a case the property is partitioned.   When the co-owners mutually agree to partition the property(ies), it can be carried out...

Relinquishment Deed

Relinquishment Deed I Gift Deed – How to save Stamp Duty

Relinquishment Deed Relinquishment Deed is a document which enables one co-owner to renounce his rights/title /interest in the property and transfer to the another co-owner. Relinquishment deed can be executed between co-owners only. A person cannot relinquish his/her share in a property to a third party. As per Section 17(1)(b) of the Registration Act 1908, any instruments which purport or operate to...

circle rates in south delhi

Sale below Circle Rates in Delhi- All you need to know

This blog aims to provide relevant information about the Circle Rates in South Delhi. Circle Rates are the minimum property rates for the valuation of Land and Immovable Properties for the purposes of registration. It is the minimum rate decided by the Government below which the property cannot be registered. Delhi neighborhoods are classified into different categories from A-H for the...

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