Property disputes are one of the most common disputes in India. Most common and some of the complex disputes are between tenants and landlords.Be aware of your Landlord rights:NRI’s and their rights as a landlord:Being a landlord can be challenging and stressful. It is imperative that landlords follow few tips which may help him to […]
The eviction process means evicting a tenant out of the rented property by following a legal procedure as prescribed by the law of the land. In India, the parties often hire a civil lawyer dealing in rent matters to help them get relief from the Indian court.The rent agreement mostly governs the landlord-tenant relationship. The agreement’s construction […]
The title means ownership. In terms of property, it is a legal right to own. Any deed, i.e., a written document that confirms the ownership is the title deed. It mentions the rights and obligations of the owner.How important is the title deed:It is incredibly crucial to check the property papers before dealing with any […]
Property law in India is a vast subject. It is a study under various statutes like The Transfer of Property Act, The Indian Contract Act, Registration Act, Indian Stamp Act, RERA, Land Acquisition laws, etc. Apart from these, for NRIs, special rules and regulations are provided under FEMA by RBI.Property can be moveable, immovable, tangible or […]
Under Insolvency and Bankruptcy Code, 2016, has been set up for resolving the issues related to Corporate and Banking Sector.A financial creditor can approach the NCLT as and when required. Under IBC Code, a financial creditor is as an individual to whom a financial debt is owed and incorporates an individual to whom such debt […]
Gifts in India are taxable under the Income Tax Act. Gift can be in cash or kind (moveable or immoveable property and other assets specified under the Act). A resident Indian can make a gift to an NRI through a gift deed, but there is a claim on gifts received by NRI.NRIs are taxed for income […]
The first and foremost thing to do while buying and selling a property in times of coronavirus is to ensure safety and take all precautions while inspecting the property.Investment in property has always been marked with uncertainty. The fear of unknown looms large in case of real estate investment. It is more so today in […]
Eviction order can’t be revoked in the eventuality of the landlord’s deathThe recent judgement passed by the High Court of Punjab and Haryana has made it clear that the death of the landlord does not affect the eviction order passed in his favour on the ground of personal necessity. It has been clarified that once an […]
A person buys a property either for investment or for own use. In both cases, one wants to reap the benefits which flow to the owner of the property. At the same time, it is vital that the owner remains vigilant and protect the property from illegal/unauthorized intrusions. In case the land/property is left unattended, […]