RELEASE OF PROPERTY FROM CHARGE FOR MAINTENANCE UNDER A WILL [CD1]
THIS DEED of Release made
the ……….day of ….20……….between Smt. A, wife of Y residing
at (hereinafter
called "the Releasor") of the ONE PART and X, son of Y, residing
at................(hereinafter called "the Releasee") of the OTHER
PART.
WHEREAS Y, the husband of
the said Smt. A who died on The............day of ……….19 ……….left a will dated
……….whereby and whereunder he appointed the said X as the sole executor and
bequeathed all his properties unto and to the use of the said X subject to a
payment of Rs . ……….per month to the said Smt. A and by the said will charged
the payment of the said amount of maintenance on the property described in
Schedule hereto.
AND WHEREAS the said will
was duly proved in the court of.....................Judge . High Court and probate thereof was granted to
the said X on the ……….day of……….19 ……….
AND WHEREAS the said X is
paying Rs . ……….to Smt. A as maintenance regularly on 1st of each month.
AND WHEREAS the said X has
requested the said Smt. A to accept a sum of Rs. 5 lakhs and release the
properties and give up her claim as to future maintenance, which Smt. A has
agreed to give up her claim as to future maintenance as against the property
described in Schedule hereto.
NOW THIS DEED WITNESSETH that in pursuance of the aforesaid
agreement and in consideration of the said sum of Rs . ………. (Rupees……….only)
paid by X to Smt. A (the receipt of which the said Smt.
A doth hereby admit, acknowledge and confirm), the said Smt. A hereby releases
the property described in the Schedule hereto from the charge of maintenance
created by or under the hereinbefore recited will of the said X and discharge
the said X from all her claims as to future maintenance and also from all
actions, demands, claims and proceedings whatsoever on account therefor.
IN WITNESS WHEREOF the
above named Smt. A has hereunto set her hand the day, month and year first
above written.
WITNESSES
1 Signed and delivered by the within
named Smt. A
2.
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