INTRODUCTION TO THE SARFAESI ACT, 2002India is the world�s third largest economy. In order to keep pace with the fast evolving economies of the developed countries and to secure its position amongst the fastest developing countries, it is of ut
What is agreement to sale ?An agreement to sale always precedes the process of actual execution of the sale deed. An agreement to sale is a very important stage of the whole process. An agreement to sell is an important document in the process of sal
When we talk about commencement and registration of the Business, the place of business is always an associated question. The procurement of commercial space during Business Registration with Government is always an add-on cost for small businesses a
IF YOU CONVERT FROM HINDU TO A MUSLIM... WILL YOU LOSE YOUR RIGHTS OVER THE ANCESTRAL PROPERTY THROUGH SUCCESSION UNDER HINDU SUCCESSION ACT ?Read on: Does the Hindu Succession Act apply to Muslims also? Factual Matrix Of The Case The
(1) It has become a practice now a day to make a Powers of Attorney from landowners/Principal. The Power of Attorney holder then deals with the property as if his own and even gets sale deeds made in
Legal Heirship Certificate, Succession Certificate and Letters of Administration have close relation. They serve a common purpose � they are being used for devolution of some rights on the property of a person died intestate, to their legal des
1. CREDENTIALS � Check the credentials of the person you are renting out your property to: check the I cards, bank statements, previous history, etc.2. REGISTRATION � Make su
IMPLICATIONS OF READY RECKONER � A MONSTERanalysed by K.R. Bulchandani, Advocate & Solicitor. M/s Kamal & Co., Mumbai. Many a levies in the State of Maharashtra are based on the rates set out in the Ready Reckoner. Before com
The Real Deal?The winds of change are blowing in the real estate sector. Earlier times required the buyer, flat owner to wait for ages for his home to be constructed, had to shell out hidden costs and could never muster up the temerity to ask the bui
How to form opinion?The techniques and reasons for scrutiny are explained in previous artilce and based on which genuineness of the deed can be found, then the proplawyer has to discuss probable challenges, disputes, etc and then form a opinion on fl
Scrutiny of deeds Name of deedThere are various deeds available whereby an immovable property could be transferred. One may think what is significance in verifying the name of the deed that is being scrutinized.There are possibilities of errors in m
Witness The proplawyer shall have good knowledge about witness, their role during execution of document, importance of witnesses.Attesting WitnessThe person who signed as witness on the last page of the document is known as attesting witness who cert
Non availability of certain documentsGenerally speaking, non availability of title deeds or misplacement or missing of property title documents is a serious matter of concern. The reason for the missing or non availability is to be identified and may
Partition Usually, joint properties are partitioned between the joint owners which amount to severance of the joint interest in the ownership of the common property. In order to avoid any quarrels between the family members or to maintain the harmony
Settlement is a kind of transfer of property, predominantly immovable, by its owner. In other words, a settlement is a disposition of property or properties, movable or immovable, as per the wish of the owner of the property.
Will is an important document which enables a person to leave his/ her property after his death to reach the desired hands as per his/ her wish and particularly not to wrong hands.
Land reforms aimed at re-distributing of ownership of lands and optimum utilization of land. It also dealt the rights, duties, obligations of the land holder.Lord Cornwallis is considered as one who regulated the Zamindari system
Affordable houses may soon be exempted from stamp duty, which varies between 4% and 8% of the transaction value.The Ministry of Urban Development and Housing has made an effort to convince the state government for excluding the stamp duty levied on a
Industry/Allotee cannot be participant in a legal dispute if the landowner moves court seeking enhancement of compensation for the property.
'Tri-Party Agreement'& Enforcement of security aspect'Tri-Party Agreement'- A tri-party agreement is a business agreement between three separate parties.In mortgage industry, a contract involving the buyer, the primary lender plus