It is very necessary to verify property documents before going to purchase any immovable property anywhere in India including Bengaluru. Both the title deeds and the subsidiary documents in respect of the title of each and every immovable property are to be verified by an expert in this regard before entering into any contractual agreements or obligations to ascerta..
In our great nation, often while one issue is resolved, yet another is born. We have such a situation in the very beginning of 2018 -- thanks to latest Apex Court judgment regarding women’s share in ancestral property. The Supreme Court in a civil appeal number 7217 of 2013 (Prakash & Ors Versus Phulavati & Ors), had ..
"Ignorance is no excuse, especially when you are buying a property in India!" Buying a property is very different from buying a stock. Finding a property worth buying is only about 40% of the total work involved, 60% of it is all th..
INTRODUCTION TO THE SARFAESI ACT, 2002 India 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 utmost interest that the financial stability and growth of the coun..
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 sale and purchase of property. This agreement contains the terms ..
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 and service providers apart from Incorporation cost. While commencing the busine..
IF YOU CONVERT FROM HINDU TO A MUSLIM... WILL YOU LOSE YOUR RIGHTS OVER THE ANCESTRAL PROPERTY THROUGH SUCCESSION UNDER HINDU SUCCESSION ACT ? Factual Matrix Of The Case span style="colorr:rgb(4..
(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 his name. (2) Let us see how good is such thing by going through certain provisions of the Indian a style="color:blue" target="_blan..
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 descendants. These certificates, because of their names rather than their contents, create some confusion in the mi..
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 sure proper registration has been done and stamp duty duly paid. In the event of rent agreement, less than ..
Many a levies in the State of Maharashtra are based on the rates set out in the Ready Reckoner. Before commenting on the rates determined in Ready Reckoner, let us see its coverage: (i) Ready Reckoner commenced with the payment of stamp duty and registration fee on transfer of any immovable property by any means. The sta..
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 buil..
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 flow of title and its marketability. p..
Scrutiny of deeds Name of deed There 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 Witness The person who signed as witness on the last page of the document is..
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