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Deed Of Relinquishment Deeds Miscellaneous 1841 - Legal Draft

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Category : Deeds Miscellaneous

DEED OF RELINQUISHMENT
THIS DEED OF RELINQUISHMENT made at Pune this _ day
of        200_
BE T W E E N
Shri AGM, age 35 years, occupation - business, resident of 1020 Gokhale Road, Pune 411016, hereinafter called the GRANTOR, (which express shall, unless repugnant to the context, mean and include his heirs, executors, administrators and assigns) of the One Part
AND
Smt. SCK, age 39 years, occupation - household, resident of 1020 Gokhale Road, Pune 411 016, (presently staying at 9800 James River Circle, Foundation Valley, California, USA 92708), hereinafter called the GRANTEE, (which express shall, unless repugnant to the context, mean and include her heirs, executors, administrators and assigns) of the Other Part.
WHEREAS the property bearing CS No. 1020, of the revenue village Bhamburda (Shivajinagar), Taluka Haveli, District Pune, described in further details in the schedule hereunder originally belonged to the Late Shri GSM;
AND WHEREAS the said Shri GSM died on     , leaving behind his
widow, Smt DGM, his two sons, viz. the present grantor and Shri SGM and his two daughters, viz. the present grantee and Smt. SRB;
AND WHEREAS the mother of the parties, Smt. DGM, by a deed,
dated     , relinquished her right, title and interest in the property
described in the schedule hereunder in favour of her sons and daughters;
AND WHEREAS, thus, presently, the property described in the schedule hereunder is owned by the parties hereto and their brother, Shri SGM, and sister, Smt. SRB;
AND WHEREAS the present grantor having made his own arrangement for his residence;
AND WHEREAS the property described in the schedule hereunder cannot be conveniently used by all of them;
AND WHEREAS the grantor, therefore, decide to relinquish his right, title and interest in the property in favour of the grantee;
NOW, THIS DEED WITNESSES, and it is hereby mutually agreed by and between the parties as follows:
1. That the grantor does hereby, out of natural love and affection and by way of family adjustment and settlement, relinquish all his right, title and interest in and over the property bearing CS No. 1020, of the revenue village Bhamburda (Shivajinagar), Taluka Haveli, District Pune, described in the schedule hereunder in favour of the grantee hereto.
2. That the grantee herein does hereby accept the said relinquishment and agrees to discharge all the liabilities incidental to the ownership and occupation of the said property and arising hereafter.
3. That the grantor assures unto the grantee that he, the grantor, has not anywise relinquished his interest in the said property in favour of any other person.
4. That the grantee shall be at liberty to get her interest, if she thinks fit, divided by metes and bounds from and against the other co- owners of the said property.
5. That on the basis of these presents, the grantee shall be at liberty to apply to the revenue authorities and to get the entries of her name effected to the said property.
THE SCHEDULE OF THE PROPERTY ABOVE REFERRED TO : All that piece and parcel of land situate within the Registration Division & District Pune, Sub-Division & Taluka Haveli, within the local limits of the Pune Municipal Corporation, bearing CS No. 1020, of the revenue village Bhamburda (Shivajinagar), Pune City, admeasuring 6,500 sqft or thereabouts, and bounded by as follows:
On or towards the East _ CS No. 1021, On or towards the South _ CS No. 1023, On or towards the West _ Municipal School, and On or towards the North _ Public Road,
together with a two-storeyed building known as "Gurukripa" standing thereon.

IN WITNESS WHEREOF the parties hereto have signed hereunder at Pune the date first abovementioned.
Sd/- AGM
GRANTOR Sd/- SCK GRANTEE
Witnesses:
Sd/-xXx
1.      
Sd/-xXx


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