Partition is a division of property among those who are entitled to the same. In case of property held jointly, if all the co-sharers decide mutually among themselves to divide the property and agree for specific share, there is partition by mutual consent. If there is a dispute, the parties file a suit for partition […]
Due diligence and title search play an important role in real estate/property transactions. People approach us and often have the following queries.What is due diligence and Title Search before property purchase?It means taking all precautions and ensuring that investment in a property is safe and secure.By exercising due diligence: The buyer identifies and evaluates all […]
A sale deed is one of the significant documents in property transactionsWhat is a sale deed?A sale deed is a legal document that describes the sale of a property between the parties (buyer and seller). It is proof of ownership. It transfers the rights in the property from the seller (transferor) to the buyer (transferee). […]
Registering a property means recording the ownership of the property and other transactions related to it in a public record.Ancestral property is a one in which a person has a share which accrues to him by birth. If a person is entitled to get a share in the ancestral property, he cannot be excluded from […]
NRIs have a reason to feel happy and relieved with the new Finance Minister Nirmala Sitharaman’s Budget for the year 2019. For a start, their welcome into the country just became warmer! The Union Budget of 2019 has proposed to consider issuing the Aadhaar Cards to NRIs (who have Indian Passports) post their arrival in […]
When the builder delays the possession, it results in harassment to the buyer, and the excitement of owning a new house is also lost. Besides, there are financial losses also.Nowadays, the Government is coming up with pro buyer rules and regulations for tackling the problem of delay in possession. Even courts are taking stringent action […]
Sale Agreement contains terms and conditions agreed to between the buyer and the seller for effecting the sale.When the buyer or the seller acts in violation of these terms and conditions or does not act or refuses to act as required, there is a breach of sale agreement. There can be numerous examples of such […]
An owner of a property is at will to use or not to use his property. However, if there is an intrusion and he does not take any timely action against the intruder, he loses the property. It sounds strange, but this is the law.Adverse Possession is a legal doctrine that legalises occupation of a […]
Right to property is governed by personal and statutory laws.Once the mother (a woman) acquires any property through will or gift or by inheritance or it a self-acquired property, she becomes the absolute owner of the same. Under Hindu Law, the property of a mother devolves as per the Hindu Succession Act, 1956 (the Act). The […]