In today’s world, signing an agreement and entering into a contract is of utmost importance. Therefore, POA is an essential element in every estate plan. Granting a Power of Attorney for delegating all decisions to another one by sharing decision-making power is an easy and legal way. Therefore, to some solve legal issues, POA is […]
Introduction to Transfer DeedAs the title views, this article briefs us about the transfer deed. But why should you read this article? You can answer this question by knowing if you want to transfer any property, movable or immovable, now or in future in India. So, do you want to transfer any property in India? […]
Introduction Property is one of the essential elements a person makes during his lifetime for many purposes like investment or an essential shelter requirement. Property can be of two types self-acquired property and ancestral property.Self-acquired property is the property that a person acquires or purchases with his own money and income. Ancestral property is the property acquired by […]
Most of the overseas citizens of India generally inherit a piece of land or property in India from their parents or grandparents, and only a handful have any knowledge. Almost none have any ownership documents or have done a title search of the property, upon which they have a legal right.When the property owner is […]
The Government of any country is always serious about tax collection as it is a significant source of revenue for carrying out welfare schemes and development activities for the citizens. Therefore, the defaulters in payment of tax are dealt with stringently. It is the reason why Companies need to ensure all tax compliances are timely. […]
Definition of Adverse PossessionAn alternate word for adverse is unfriendly or hostile, but what does adverse possession mean? The concept of ‘adverse possession is not defined in the Limitation Act, 1963 because it is a negative and consequential right merely based on the negligence of the true owner. In this article, we will understand the […]
Importance of Registry of immovable propertyRegistry of immovable property in India is both a statutory and prudent practice that forms an eminent part in the sale of immovable property. Moreover, a registered document for an immovable property becomes a public document as it is available in the public domain and further provides a caveat to […]
Most of the time, the rent laws have been considered pro tenants. Given the scope of the rental property market and the boost it provides to the economy, it becomes all the more necessary to dispel the myths and increase the rent laws’ transparency. It will help gain the confidence and trust of the landlords […]
In India, laws governing tenancy tend to favour tenants and they differ from state to state. However, there are many grounds for eviction of a tenant which are common in most of the state laws.Summary Eviction is a time-taking and complicated process, and in most cases, the landlords are not aware of the rules and […]