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Release

Templates26 documents available

Download Indian release and relinquishment templates: HUF and coparcener releases, partnership mutual releases and retiring partner deeds, legatee/executor releases, creditor releases, mortgage/property releases, benami renunciation, Muslim law releases, and contract obligation releases.

Quick Overview

The Release directory offers India-focused templates covering property and obligations: HUF/copracener relinquishments and confirmations, mutual and partner-specific releases on partnership dissolution or reconstitution, legatee/executor and inter-legatee releases, creditor-to-debtor releases, mortgage/property discharge (including partial land release), benami renunciation, Muslim law-specific releases (dower and heir property), releases from contractual obligations, and special forms like bond obligation release and guardian release on majority. These drafts help parties document settlement and extinguishment of rights with proper recitals, stamping, and registration compliance.

All templates are provided for reference and should be reviewed by legal professionals before use.

Frequently Asked Questions

Common questions about Release legal templates

What is a Release Deed and when is it used?

A Release Deed relinquishes or discharges rights or claims in favour of another, commonly for property (HUF/coparceners, co-owners), partnership exits, mortgage discharges, or to settle contractual or legacy claims.

How does a Release differ from a Relinquishment Deed in HUF contexts?

Both surrender rights, but ‘relinquishment’ is commonly used for a coparcener/HUF member giving up share in joint property; it typically requires stamping and registration when immovable property is involved.

When is a Release of Mortgage executed?

After full repayment or agreed settlement, the mortgagee executes a deed releasing the property from the mortgage; entries should be updated in records and the deed registered as required.

What is a mutual release among partners?

On dissolution or reconstitution, partners execute mutual releases to settle accounts and waive future claims, often alongside retirement or dissolution deeds.

Do Release Deeds over immovable property require registration?

Yes. Releases affecting rights in immovable property generally require stamp duty and registration as per state law to be valid against third parties.

What is a benami title renunciation release?

A benamidar disclaims or renounces ostensible title in favour of the real owner; such drafts must be used with caution given the Prohibition of Benami Property Transactions Act.

Are there releases specific to personal laws?

Yes. Examples include release of dower by a Muslim widow, or release by one Muslim heir in favour of another regarding inherited property.

What should a partnership retiring partner release include?

Effective date, settlement of capital/current accounts, release and indemnities, non-compete/non-solicit if agreed, and discharge from firm obligations up to the retirement date.

Can a legatee release rights under a will?

Yes. A legatee may release or assign their interest in favour of the executor or another legatee, documented via an appropriate release deed.

What drafting essentials apply to Release Deeds?

Identify parties and relationship, recitals of title/rights and consideration (if any), clear release/waiver language, description of property/claims, indemnities, governing law, execution, witnesses, and registration/stamping where applicable.