This deed summarizes the transfer of property from two releasors, Mrs. Sharmila and her minor daughter S.R. Tamiraa, to the releasee Mrs. S. Rajeshwari. The releasors originally owned a 1/3 undivided share of a property described in Schedule A due to their relation to the late S. Ramkumar. They agreed to release their share, described in Schedule B, to the releasee for Rs. 10 lakh. The releasors signed to transfer all rights and title to the property in Schedule B to the releasee.
This deed summarizes the transfer of property from two releasors, Mrs. Sharmila and her minor daughter S.R. Tamiraa, to the releasee Mrs. S. Rajeshwari. The releasors originally owned a 1/3 undivided share of a property described in Schedule A due to their relation to the late S. Ramkumar. They agreed to release their share, described in Schedule B, to the releasee for Rs. 10 lakh. The releasors signed to transfer all rights and title to the property in Schedule B to the releasee.
This deed summarizes the transfer of property from two releasors, Mrs. Sharmila and her minor daughter S.R. Tamiraa, to the releasee Mrs. S. Rajeshwari. The releasors originally owned a 1/3 undivided share of a property described in Schedule A due to their relation to the late S. Ramkumar. They agreed to release their share, described in Schedule B, to the releasee for Rs. 10 lakh. The releasors signed to transfer all rights and title to the property in Schedule B to the releasee.
This deed summarizes the transfer of property from two releasors, Mrs. Sharmila and her minor daughter S.R. Tamiraa, to the releasee Mrs. S. Rajeshwari. The releasors originally owned a 1/3 undivided share of a property described in Schedule A due to their relation to the late S. Ramkumar. They agreed to release their share, described in Schedule B, to the releasee for Rs. 10 lakh. The releasors signed to transfer all rights and title to the property in Schedule B to the releasee.
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RELEASE DEED
This deed of Release is executed in Tiruchirappalli on this the 25 th day of
April 2023.
BY 1. Mrs. Sharmila (PAN. BKEPS4014F and Aadhaar No.9543 3074 2289), wife of late. S. Ramkumar aged about 40 years,
2. Minor S.R.Tamiraa (Aadhaar No.4634 6211 2710), daughter of late.
S.Ramkumar aged about 07 years, minor represented by her natural guardian the mother Mrs. Sharmila. Both are residing at 8-424, 203 Rd Street, Muthamizh Nagar, Kodungaiyur, Chennai – 600 118, hereinafter referred to as “RELEASORS” the which expression, unless it be contrary to the context and meaning thereof shall mean and include their heirs, legal representatives, administrators, successors, nominees and permitted assigns. TO AND IN FAVOUR OF
Mrs. S. Rajeshwari (PAN. BHBPS4124G and Aadhaar No.2622 3728 4091),
wife of late R. Shankar aged about 57 years, is residing at No.34, Kollamettu Lane, Chinnakadai Street, Trichy – 2, hereinafter referred to as the “RELEASEE”, which expression, unless it be contrary to the context and meaning thereof shall mean and include her heirs, legal representatives, administrators, successors, nominees and permitted assigns.
WHEREAS Originally Mr. R. Shankar son of Ramaiah Pillai was the absolute owner of property described in the Schedule-A hereunder having purchased the same, vide Sale Deed dated 27.01.2006, registered as Doc.No.173/2006, in SRO: Ashok Nagar
WHEREAS said R. Shankar died on 02.02.2019 as evidenced by the Death
Certificate dated 11.02.2019 issued by Greater Chennai Corporation. As per Legal Heirship dated 11.03.2019 issued by Tahsildhar, Tiruchirappalli- East Taluk and his legal heirs are as follows: a. Wife - S.Rajeswari, (Releasee herein) b. Son - S.Ramkumar, c. Daughter S.Preethi. Thus said three persons have each 1/3rd Undivided Share in Schedule -A property.
WHEREAS aforesaid S. Ramkumar died on 28.7.2020 as evidenced by
Death Certificate dated 11.08.2020 issued by Chief Registrar Births and Deaths, Government of Karnataka. As per Legal Heirship Certificate dated 06.12.2022 issued by Tahsildar, TiruchirappalliEast his legal heirs are his mother S.Rajeswari, wife R.Sharmila and his minor daughter S.R.Tamiraa.
WHEREAS thus the releasors are having 1/3 rd Undivided share morefully described in Schedule- B hereunder out of Schedule-A hereunder. WHEREAS the Releasors offer to Release their property described in Schedule-B hereunder for a total sale consideration of Rs. 12,40,000/- (Rupees Twelve Lakh Forty Thousand Only) to the Releasee herein and the Releasee has accepted the same, free from all encumbrances. Hence parties herein have executed this Release Deed.
NOW THIS DEED OF ABSOLUTE SETTLEMENT WITNESSETH that
1. In pursuance of the aforesaid recitals and in consideration of total
consideration of Rs.10,00,000/- (Rupees Ten Lakh Only) paid by the RELEASSEE to the RELEASSORS as follows:
a. Rs. 5,00,000/- (Rupees Five Lakh Twenty Thousand Only), vide D.D. dated ______________, bearing No._________________, drawn on ______________ Bank, ___________ Branch, favouring the 1st RELEASSOR.
b. Rs.5,00,000/- (Rupees Five Lakh Only), transferred and deposited in the
savings account No.___________ vide RTGS URT No.________________________, dated ________________, in ______________ Bank, ___________ Branch, favouring the 2nd RELEASSOR.
In all total amount of Rs. 10,00,000/- (Rupees Twelve Lakh Forty
Thousand Only) paid by the RELEASSEE to the RELESORS in the manner of aforesaid and the releasors accepted, admitted and acknowledged the receipt of the same, the Releasors hereby Release, convey and transfer all their right, title and interest in the property described in SCHEDULE – B hereunder, forming part of SCHEDULE - A UNTO the absolute use of RELEASEE herein forever.
2. The RELESSORS covenant with the RELEASEE that:
a. The Schedule – B mentioned property is RELEASSORS’ absolute
property.
b. The property described in Schedule - B hereunder is free from
all encumbrances, charges, lien, mortgage, litigation, attachment, maintenance, lispendents, testamentary disposition etc.
c. Except the RELEASSORS no other person is having any right,
title, or interests whatsoever on the schedule - B mentioned property.
d. Schedule - B mentioned property is not subject matter of any
prior Will or Trust or Agreement.
e. The FIRST RELEASOR in sound mind and voluntarily, at her
own wish has executed this Deed for herself and being natural guardian for the benefit of her minor daughter the second RELEASOR, in the presence of witnesses mentioned here under.
3. The RELEASSORS has this day delivered vacant possession of the
Schedule – B mentioned property to the RELEASSEE herein, and put the her in physical possession thereof.
4. The RELEASEE is, henceforth be competent to have right and title over the Schedule - B property, without any let or hindrances, eviction or interruptions, claims, or demands, or any kinds of encumbrances, by or from the RELEASSORS, or anyone claiming from whom the RELEASSORS derived their title.
5. The original title deed and the parent documents is in the custody of the RELEASSEE herein being owner of another 1/3rd share in Schedule – A property.
6. The RELEASSEE is entitled to transfer all records in Revenue
department, TNEB and other records in concern departments in her name for the Schedule - B mentioned property in her name.
SCHEDULE - A (Property belongs to the Legal heirs of Late Mr.R.Shankar)
All that 496 sq.ft of Undivided Share in 2720 sq.ft of land and 744 sq.ft of super built up area in rear ground floor area maked as apartment C in Jaganath block bearing municipal Old door No. 18, New Door No 20, Nagaratnammal Colony Street, West Mambalam, Chennai – 600 033 in survey No.195/2, T.S No.61 Block No.62, in kodambakkam Village, Mambalam – Guindy Taluk under sub Registration District Ashok Nagar and Registration District of Chennai Central. The land measuring east to west to the northern side 80 feet, southern side 80 feet, north to south on eastern side 34 feet, western side 34 feet and bounded on Boundaries and Measurements of Plot: Directions Boundaries North by Plot No 17 South by Plot No 19 East by Brook West Nagaratnammal Colony Street
Together with Electricity Service connections and its deposits, Water and Drainage Service Connections and its deposits, rights to use ways, passage, all amenities, fixtures and fittings attached to property or thereabouts. Corporation Tax No- Water Service TAX No- Electricity Service Connection Numbers –
This property is situated within the jurisdiction of _________Registration
District and ________ Sub-Registration District.
SCHEDULE - B (Property belongs to the Releasors herein)
1/3rd undivided share, right and title out of Schedule – A property.
Value of the Property hereby Released is Rs.10,00,000/-
IN WITNESS WHEREOF THE PARTIES HEREIN HAVE SIGNED AND EXECUTED THIS DEED ON THE DAY, MONTH AND YEAR FIRST ABOVE WRITTEN IN THE PRESENCE OF FOLLOWING WITNESSES:
1.________________________ (T.Sharmila) 2._______________________ (T.Sharmila as natural guardian of minor daughter S.R.Tamiraa)
