What is this service?
A registered deed by which a co-owner gives up their share.
A release deed lets a co-owner or legal heir release their share in favour of another co-owner. It is common in family arrangements and inheritance settlements. Stamp duty treatment can differ between release with and without consideration and between relatives and others - confirm the current position before executing.
Why and when you need it
- Why
- It consolidates title in the remaining co-owners and keeps the title chain clean.
- Who needs it
- Co-owners or legal heirs relinquishing their share.
- When
- In family settlements, inheritances and co-ownership buyouts.
Required documents
- Title documents of the property
- Records establishing the releasor's share
- Khatha and tax records
- Encumbrance Certificate
- Identity proofs of all parties
- Relationship proof where a family concession is claimed
Identity and supporting documents
- PAN card of each applicant or party
- Aadhaar card or another government photo identity and address proof
- Passport-size photographs
- For companies and associations: incorporation documents, board resolution and authorisation letter
Step-by-step procedure
- Verify the releasor's share from title and succession records
- Draft the release deed identifying the share released and the releasee
- Pay applicable stamp duty and register at the SRO
- Update Khatha, tax and revenue records
Fees, stamp duty and timelines
- Stamp duty
- Stamp duty and registration charges are set by the Department of Stamps and Registration, Government of Karnataka, and depend on the instrument and the property value. Confirm the current amount on the official Kaveri / IGR portal before paying anything.
- Government fee
- Government fees, where applicable, are paid only on the official portal or at the government office. Confirm the current amount on the official portal before payment.
- Assistance charges
- Professional assistance charges are quoted after understanding your requirement. Government fees and SRCHN service charges are always shown separately. Confirm the final quote before work begins.
- Processing time
- Processing time varies by office and case. No completion timeline is guaranteed.
Government fees and SRCHN assistance charges are always kept separate. Nothing here is an invented price - confirm current amounts on the official portal or with our team before paying.
Legal requirements
- Transfer of Property Act, 1882
- Registration Act, 1908
- Karnataka Stamp Act, 1957
Common rejection reasons
- Releasor's share not established
- All co-owners not joined where required
- Relationship proof missing where concession claimed
Important cautions
A release in favour of a stranger is treated differently from a release among co-owners - take advice on stamp duty before executing
A release deed is generally irrevocable once registered
FAQs
Release deed or gift deed - which is right?
A release works between co-owners or heirs with an existing share; a gift transfers ownership without any pre-existing share. The stamp duty treatment differs. Take independent legal advice for your facts.
Can a release deed be for part of a share?
Yes, the deed can release a defined portion. The schedule and the released share must be described precisely.
Is registration compulsory?
Yes. A release of an interest in immovable property must be registered.
