Relinquishment Deed of Immovable Property Valued at Rs. /-3.5714% Rs. / - Only

RELINQUISHMENT DEED OF IMMOVABLE PROPERTY
VALUED AT RS. /- 3.5714% RS. /- ONLY
This Deed of Relinquishment is made at ___________________ on this ______

day of _________________, 2017:
B E T W E E N
MRS. _________________ W/O __________________ & D/O (LATE)

___________________ (3.5714% Share Holder), having U.S. Passport No.
___________________, Muslim, adult, presently residing at _______________________
_________________ and permanent resident of ________________________________
______________________________, hereinafter referred to as the PARTY OF THE
FIRST PART (RELINQUISHER).
A N D
MR. ____________________ S/O __________________ (already 32.1428% Share

Holder), holding CNIC No. __________________, Muslim, adult, resident of
______________________________________________, hereinafter referred to as the
PARTY OF THE SECOND PART (RELINQUISHEE).
_____________________ _____________________
Signature of Relinquisher Signature of Relinquishee
Contd…..P/2
(2)
WHEREAS (LATE) ___________________ W/O (LATE) ___________________,

died on ______________ at ______________, was owner of 25% undivided Share in
Bungalow (constructed Ground + First Floor) on Residential Plot of Land bearing
No. __________, measuring ___________ Square Yards, situated at ___________
Co-operative Housing Society Limited, Block __________, Karachi, more and fully
described in the schedule given at the foot of these presents, hereinafter referred to as the
SAID PROPERTY.
AND WHEREAS the ___________ Co-operative Housing Society Limited Karachi,

originally allotted the said Plot to MR. _______________ S/O __________________.
AND WHEREAS the said Allottee MR. _______________ S/O _________________, in

consideration of natural love and affection gifted his 75% undivided share in the said
property to his three (03) sons namely (1) MR. ___________________ (25% Share),
(2) MR. __________________ (25% Share), (3) MR. __________________ (25% Share)
through _______________________________________________________________
________________________________________________.
AND THEREAFTER the said Allottee MR. ________________ S/O _______________,

in consideration of natural love and affection, transferred his remaining 25% undivided
share in the said property to his wife MRS. ___________________ W/O
_____________________, through ___________________________________________
_______________________________.
AND WHEREAS the said property transferred/mutated in the names of all above said
owners in the records of (1) ______________ Co-operative Housing Society Limited
Karachi, Dated: _____________, as per endorsement on backside of the Allotment
Order, (2) Karachi Co-operative Housing Societies Union Limited, vide Letter No.
_________________, Dated: ______________, (2) Government of Pakistan, Ministry
of Housing and Works Islamabad, vide Letter No. _____________________, Dated:
______________.
AND WHEREAS the said co-owner MST. _________________ W/O

_____________________ (25% Share Holder), died on _____________ at Karachi
and left behind the following surviving legal heirs:
_____________________ _____________________
Contd…..P/3
(3)
SHARE
S.
NAME OF LEGAL HEIRS RELATIONSHIP PROCURED
NO.
OUT OF 25%
1. SON 7.1428%
2. SON 7.1428%
3. DAUGHTER 3.5714%
4. SON 7.1428%
WHEREAS the RELINQUISHER is the co-owner of 3.5714% undivided share and

RELINQUISHEE is the co-owner of 32.1428% undivided in the said property and
RELINQUISHER above-named has agreed to relinquish, release and discharge her
3.5714% undivided share, interest and claim in the SAID PROPERTY in favour of the
RELINQUISHEE above-named.
NOW THIS DEED WITNESSETH AS UNDER

1. That in consideration of the RELINQUISHER has irrevocably relinquished,
released, extinguished, abandoned her 3.5714% undivided share, interests and
claim in the SAID PROPERTY and unto the RELINQUISHEE has accepted and
obtained the RELINQUISHMENT of the 3.5714% undivided share of
RELINQUISHER in the Relinquished property the party has mutually agreed that
the 3.5714% undivided share in the aforesaid property be transferred in the name
of MR. ___________________ S/O __________________ as shown at Serial
No. 4 in the Table above.
2. That the First Party (RELINQUISHER) has NO OBJECTION whatsoever, if the

3.5714% undivided share in said property is transferred in the name of Second
Party and necessary transfer of his name is carried out in the records of
_________________ Co-operative Housing Society Limited, Karachi Co-
operative Housing Societies Union Limited, Ministry of Housing & Works
Karachi/Islamabad, KDA, CDGK, Excise & Taxation and in the other relevant
authorities.
_____________________ _____________________
Contd…..P/4
(4)
3. That the First Party (RELINQUISHER) has hereby surrendered relinquished and
abandoned all her rights, titles, claims, over the said property in favour of the
Second Party (RELINQUISHEE) who has now become the sole and absolute
owner of 35.7142% undivided share in the said property by virtue of these
present.
4. That the First Party (RELINQUISHER) shall not claim any rights or title in the
said property in future nor her respective legal heirs shall have any rights or claims
whatsoever in the said property at any time.
5. That the Second Party (RELINQUISHEE) hereby accepts this relinquishment of

rights and disclaimer of the First Party (RELINQUISHER) and now he is the
absolute owner of 35.7142% undivided share in the aforesaid property.
6. That henceforth the RELINQUISHEE shall be the owner of 35.7142% undivided

share in the relinquished property and every part thereof and quietly have, hold,
occupy and possess the 3.5714% undivided share of the RELINQUISHER in the
Relinquished Property and shall enjoy the rent profits, benefits and emoluments
thereof as owner, without any let, claim, charge, demand, interruption, denial or
eviction by the RELINQUISHER or any person claiming through, under and on
behalf of the RELINQUISHER.
7. That the First Party (RELINQUISHER) and Second Party (RELINQUISHEE)

hereby agree and undertake that they shall keep the _____________ Co-operative
Housing Society Limited., Karachi Co-operative Housing Societies Union Limited
and Ministry of Housing & Works Division, Islamabad / Karachi or any other
authority harmless and indemnified against all losses, detriments which, may be
occasioned due to any action by any person or authority in respect of the said
property.
_____________________ _____________________
Contd…..P/5
(5)
SCHEDULE OF THE PROPERTY

All the piece and parcel of 3.5714% undivided share in Bungalow (constructed
Ground + First Floor) on Residential Plot of Land bearing No. __________,
measuring ___________ Square Yards, situated at ___________ Co-operative
Housing Society Limited, Block __________, Karachi within the territorial limits of
______________ Police Station, in the registration District Sub-Registrar ___________,
Sub-District and the city of Karachi, and abutted and bounded as under:
ON THE NORTH BY : _________________

ON THE SOUTH BY : _________________
ON THE EAST BY : _________________
ON THE WEST BY : _________________
IN WITNESS WHEREOF both parties above named have got their respective hands
hereunto on the day, month and the year first above mentioned.
FIRST PARTY (RELINQUISHER)
__________________________
MRS. ________________________
W/O _________________________
& D/O (LATE) _________________
U.S. Passport No. ___________________
SECOND PARTY (RELINQUISHEE):
__________________________
MR. ___________________
S/O ____________________
CNIC No. _______________
WITNESSES:
1. _____________________ 2. _____________________
_______________________ _______________________
_______________________ _______________________
_______________________ _______________________

Relinquishment Deed of Immovable Property Valued at Rs. /-3.5714% Rs. / - Only

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Relinquishment Deed of Immovable Property Valued at Rs. /-3.5714% Rs. / - Only

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RELINQUISHMENT DEED OF IMMOVABLE PROPERTY

VALUED AT RS. /- 3.5714% RS. /- ONLY

This Deed of Relinquishment is made at ___________________ on this ______

MRS. _________________ W/O __________________ & D/O (LATE)

MR. ____________________ S/O __________________ (already 32.1428% Share

WHEREAS (LATE) ___________________ W/O (LATE) ___________________,

AND WHEREAS the ___________ Co-operative Housing Society Limited Karachi,

AND WHEREAS the said Allottee MR. _______________ S/O _________________, in

AND THEREAFTER the said Allottee MR. ________________ S/O _______________,

AND WHEREAS the said co-owner MST. _________________ W/O

WHEREAS the RELINQUISHER is the co-owner of 3.5714% undivided share and

NOW THIS DEED WITNESSETH AS UNDER

2. That the First Party (RELINQUISHER) has NO OBJECTION whatsoever, if the

5. That the Second Party (RELINQUISHEE) hereby accepts this relinquishment of

6. That henceforth the RELINQUISHEE shall be the owner of 35.7142% undivided

7. That the First Party (RELINQUISHER) and Second Party (RELINQUISHEE)

SCHEDULE OF THE PROPERTY

ON THE NORTH BY : _________________

FIRST PARTY (RELINQUISHER)

SECOND PARTY (RELINQUISHEE):

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This Deed of Relinquishment is made at _____________ on this

MRS. _ W/O __ & D/O (LATE)

MR. __ S/O (already 32.1428% Share

WHEREAS (LATE) _ W/O (LATE) _,

AND WHEREAS the said Allottee MR. _ S/O ___, in

AND THEREAFTER the said Allottee MR. __ S/O _,