September 27, 2023

Family Settlement Agreement to resolve NRI property disputes

Family Settlement Agreement to resolve NRI property disputes

Summary NRIs face hardship in resolving property disputes in India while sitting abroad. Most of the NRI property disputes revolve around inheritance, distribution or demarcation of ancestral properties amongst family members. NRIs can enter into a Family Settlement Agreement (FSA) instead of contesting long-drawn litigation battles in the Court. All members must voluntarily enter the […]

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October 13, 2021

Transfer Deed and its relevancy for NRI

Transfer Deed and its relevancy for NRI

 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? […]

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May 9, 2020

Transfer by Gift deed is not taxable

Transfer by Gift deed is not taxable

Gifts transactions are not taxable in the hands of the donor. For a donee, the gift deed transfer is taxable, but there are exceptions. Gifts are prevalent among family members or close relatives. It is one way of expressing love and affection. People also make gifts to save taxes as some of the Gift transactions are […]

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July 25, 2019

What is a Sale Deed? Legal Importance and Registration Process

What is a Sale Deed Legal Importance and Registration Process

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). […]

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May 22, 2019

Settlement deed between brother and sister residing abroad

Settlement deed between brother and sister residing abroad

Settlement deed is a legal document where parties to the deed settle their differences/disputes. The disputes may be related to court cases, property division, payments etc. A settlement deed between brother and sister living abroad may refer to any of these. Generally, a settlement deed between brother and sister is a family settlement deed, and […]

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