ਆਪਣੀ ਜਾਣਕਾਰੀ ਭਰੋ

RELEASE DEED BY A CO-OWNER

Instrument date: __________

Releasor: __________, __________. Releasee: __________, __________.

Property: __________; . Regime: __________. Source: . Value: __________.

EXISTING RIGHTS

Releasor: . Releasee: . Encumbrances: .

RELEASE

Scope: . Effect: __________.

CONSIDERATION

__________.

POSSESSION

__________.

AUTHORITY

__________.

DUES / DOCUMENTS

. .

INDEMNITY

DISPUTES

REGISTRATION / RECORD

Present before __________ and complete the consequential local record update.

LEGAL BASIS

Punjab: Article 55 classifies a release. Because this deed extinguishes a co-ownership right in immovable property, section 17(1)(b) requires registration; section 23 gives four months. For Punjab development-authority property, section 43(7) requires previous permission. The stamping note sets out the Article 55 position, including the Punjab blood-relation remission, and the registration note gives the fee.

Chandigarh: Article 55 and section 17(1)(b) apply to the immovable-property release. Sector property must then be reflected in the Estate Office file under the 1952 Act/2007 Rules. The stamping and registration notes give the Chandigarh lines.

PERSONAL DATA NOTICE

This notice is given under the Digital Personal Data Protection Act, 2023.

The purpose of collecting personal data in this co-owner release deed is to identify the existing co-owners, extinguish the releasor stated property share or claim, and support registration and title-record changes.

The record will be held by __________ and may be shared with the parties, Sub-Registrar, court/estate administrator where relevant, and the relevant Estate/development/revenue authority.

If the matter does not proceed, the personal data will be retained for 90 days and then erased. If the matter proceeds, the record will be retained for the matter plus 12 months, except where a statute requires a longer named retention period.

A person named in this document may request correction or erasure where the purpose has ended, withdraw consent for future consent-based processing, or raise a grievance by writing to __________. The record-holder should acknowledge and reply within 30 days.

Data minimisation: this document does not collect a full Aadhaar number, an Aadhaar-card copy, a password or bank credentials.

Personal-data instruction: __________.

SIGNATURE

Releasor: __________

Releasee: __________