Wednesday, 2 July 2014

What is a Surrender Deed?

A surrender deed is a legal document by the virtue of which a person surrenders his/her property in the favor of another person. It is slightly different from gift as in a gift a person gives his/her property to another while in case of surrender deed the person executing the deed leaves his/her property for another person.

There are different kinds of specimen of surrender deeds used in different countries of the world. Usually a surrender deed is written on a stamp paper and its executed by the person surrendering the property. The details of property are mentioned in the deed. Once a person executes the deed, he/she does not remain owner of property anymore.

Once the surrender deed is drafted and executed, it needs attestations. Normally a notary public attestation is sufficient for a surrender deed. However, the law of attestation varies from place to place around the world.

It is always best to hire a lawyer for drafting and executing a surrender deed. The reason is that he/she can makes things easier and professional. That is important especially when the property holds value. It saves people from creating further complications. Usually lawyers only charge 5-10 percent fee for the whole process of surrender deed. If you wish to hire our services for drafting and executing surrender deed, we would love to help you at nominal charges. You can write us at internationallawyerinfo@gmail.com

Regards,
Salman Yousaf Khan
International Lawyer

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Regards,
Salman Yousaf Khan
Chairperson
International Lawyer
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