Ever since the beginning of time, the property is deemed to be a mark of high economic status. Numerous displays of family disputes over property in movies and novels, only go on to prove this point. The partition of property amongst family members may be:Contested – In this case, a lawsuit may be filed in […]
Succession is a matter of right and a necessity as well. Every person will have to renounce the world once and with that, all the legal rights and obligations of the person are dissolved and passed to someone else. In India, succession comes under personal laws which are based on religion. Hence, the law of […]
A Power of Attorney is a document that demarcates and lists out the powers that are shared with the Power of Attorney Holder. There can be several types of POA’s such as General POA’s and Special POA. Minor and disqualified individuals by the law cannot provide for a POA. POA’s are used mainly by NRIs […]
The Hindu Law defines a Hindu Undivided Family (HUF) as a family which consists of male lineage decedents from a common ancestor and also includes their wives and unmarried daughters. HUF is also a separate legal entity under the Income and Wealth Tax Act and is liable to pay tax. It is common knowledge that […]
A person wishing to buy the property invests his hard earned money into the construction project. However, where the seller fails to transfer the possession of property in time, the buyer not only suffers monetary loss but also undergoes mental harassment and is left to the mercy of the seller. He suffers losses on the […]
Partition of shared ownership of property in India, whether between family members or co-owners, is a common phenomenon. With the trend of Nuclear families on the rise, it is becoming more frequent for people to have to deal with a fight for assets or carry out partition mutually.Dilemma of Partition of shared ownership of property […]
Now-a-days everyone likes to be independent and take his/her own decisions especially in relation to what they own such as Property. Settlement of issues about a Partition of property that has been inherited or is jointly owned by two or more persons sometimes involve a lot of legal issues. The parties concerned find hard to […]
There are times that an NRI is the co-owner with somebody, in a property. By itself this might not be a problem; but sometimes, this leads to property disputes taking place. Usually the scenario would be that the other person would be seeking major control or manage or even try and sell the property as […]