Release,Relinquishment,Settlement And Partition Deeds
February 5, 2014 Leave a comment
A release deed is a document through which one who has limited rights to a piece of real estate (usually a Mortgagee or Lienholder) abandons those rights back to the owner of the real estate.
A relinquishment deed is used for relinquishing a person’s rights to a property.It can be used to convert a joint holding property into a single holding.
A settlement deed is a document used when any disputes amongst any persons or group of persons is settled ,say via compromise.
A partition deed is executed by the co-owners of a property when there is a partition is by mutual consent.