Which is better—gift deed or release deed? Charges?
If I’m getting separated from my wife, which is better: a gift deed or a release deed? What are the applicable government charges?
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Advocate By LEAD INDIA
Answered: 20 May 2025
If you are transferring property to a spouse or relative, a release deed is better in case of joint ownership. A gift deed works if property is solely yours. Stamp duty and registration charges vary by state, generally 1%–3%. A local lawyer can help choose the right one. For further legal assistance contact us on our helpline number.
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