This deed of release is made
at......................... on this......................... day
of......................... 19.........................
By
Shri......................... son
of......................... aged......................... years on behalf of
himself and also as natural guardian on behalf of his minor son Shri
......................... aged......................... years both resident
of......................... (hereinafter called the executant in favour of
Shri......................... son of ......................... resident
of.........................
Whereas......................... is
constructed on a freehold land measuring ......................... and was
acquired from ancestral funds and belongs to the families of (1).........................
and (2)......................... the executant to this deed and belongs to each
of their families in equal shares.
And whereas the executant being the Karta and
Manager of the Joint Family consisting of himself and his sons (1).........................
(Major) and (2)......................... (minor) has been in occupation of
l/3rd undivided right title and interest in the said property.
And whereas the executant considered it
expedient and in the interest of the family consisting of himself and his two
sons that their l/3rd share is hereinafter consolidated in favour of
Shri......................... with effect from......................... and is
enjoyed exclusively by the abovesaid......................... from the said
date.
NOW THEREFORE THIS DEED WITNESSETH.
That the executant.........................
for himself and on behalf of his minor son ......................... hereby
releases and relinquishes all their rights, title and interest in the said
undivided l/3rd share of the property bearing No.......................... in
favor of Shri......................... and that hereinafter the said
Shri......................... shall become sole owner of all rights, title and
interest of the executant in the property hereinbefore mentioned and the
interest of the executant and his minor son ......................... shall
hereinafter completely merge so as to enlarge the right, title and interest of
Shri......................... to the extent of the whole of the l/3rd undivided
right, title and interest in the said property hereinbefore mentioned.
In witness whereof the executant has signed
this deed of release this ......................... day
of.........................
Witnesses Executant
1..........................
2..........................
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