Relinquishment Deed

RELINQUISHMENT DEED This Relinquishment Deed is made and executed on this [DAY] day of [MONTH], [YEAR] at [CITY] by [RELEASOR_NAME], son/daughter of [FATHER_NAME], aged about [AGE] years, residing at [RELEASOR_ADDRESS] (hereinafter called the "Releasor", which expression shall, unless repugnant to the context, mean and include their heirs, executors, administrators, and assigns). IN FAVOR OF [RELEASEE_NAME], son/daughter of [FATHER_NAME], aged about [AGE] years, residing at [RELEASEE_ADDRESS] (hereinafter called the "Releasee", which expression shall, unless repugnant to the context, mean and include their heirs, executors, administrators, and assigns). WHEREAS the property bearing No. [PROPERTY_DETAILS], situated at [PROPERTY_ADDRESS], admeasuring [AREA] sq. ft. (hereinafter referred to as the "Schedule Property"), was originally owned and possessed by late [DECEASED_NAME]. AND WHEREAS the said [DECEASED_NAME] passed away intestate on [DEATH_DATE], leaving behind the Releasor and Releasee as their only legal heirs to succeed to the Schedule Property. AND WHEREAS the Releasor is desirous of relinquishing and releasing their undivided [FRACTIONAL_SHARE] share, right, title, and interest in the Schedule Property in favor of the Releasee out of natural love and affection, and without receiving any monetary consideration. NOW THIS DEED WITNESSETH AS FOLLOWS: 1. The Releasor hereby absolutely and unconditionally releases, relinquishes, and assigns all their undivided [FRACTIONAL_SHARE] share, right, title, and interest in the Schedule Property in favor of the Releasee. 2. The Releasee shall hereafter become the absolute and exclusive owner of the Schedule Property, and shall be entitled to hold, possess, and enjoy the same without any interference, hindrance, or objection from the Releasor. 3. The Releasor hereby confirms that they have no further claim, right, title, or interest whatsoever in the Schedule Property, and the Releasee is free to deal with the property in any manner they deem fit. 4. The Releasor undertakes to execute any further documents or deeds as may be required by the Releasee to perfect their title to the Schedule Property. IN WITNESS WHEREOF, the Releasor has executed this Relinquishment Deed on the day, month, and year first above written, in the presence of the following witnesses. [RELEASOR_NAME] (Releasor) Signature: ______________________ [RELEASEE_NAME] (Releasee) Signature: ______________________ WITNESSES: 1. Name: _________________ Signature: _________________ 2. Name: _________________ Signature: _________________