Summary An encumbrance certificate serves as proof of possession of the property. When applying for a home loan or obtaining a loan against a property, an encumbrance certificate is crucial. There are two types of ECs: Form 15 and Form 16 To obtain an Encumbrance Certificate, a person must determine the period for which the […]
Summary The rights of grandson in the property of a grandfather depend on the nature of the grandfather’s property – whether it is self-acquired or ancestral property. When a property is ancestral, the grandson has a similar right to his father on his grandfather’s property. The grandson has no birth right in self-acquired property of […]
Summary A rent agreement is a rental contract, usually in written form, between the owner of a property (landlord) and a renter (tenant) who desires temporary possession of the property. The rent agreement document contains details about the parties and the terms and conditions of the tenancy of the property. A rent agreement has no […]
There are a lot of property disputes between siblings these days. It has become a bone of contention among family members to resolve property matters. In order to gain the maximum share of the property, each sibling ignores the needs of the others. There are many factors contributing to disputes, such as greed and lack […]
While investing in real estate projects, the buyers must be cautious to ensure that the developer is genuine. In case of a delay in the delivery of possession, the buyers have various rights against the builder. Therefore, before executing the real estate contracts and making full/part payments to the developer, the buyers must be diligent. […]
IntroductionFor a non-resident, it is challenging to manage Indian property from any foreign country. The process of the same can be time-consuming as well as complicated. Moreover, to secure the NRIs properties located in India, it is advisable to consider a proactive approach, including seeking professional advice from lawyers based in India and the appointment […]
IntroductionWhen an Indian attains the status of an NRI, it gets difficult to some extent to invest in properties located in India, whether related to investment in shares or debenture or real estate, to name a few. Different statutory bodies have various rules and regulations for investing in different sectors by an NRI. For example, […]
Summary Will is an essential legal document which should be prepared during the lifetime of the testator. A Will document can be made in any language, and it needs to be signed by the testator. Further, the Will document needs to be attested by at least 02 witnesses. A Will can be registered at the […]
Introduction:Among the many legal procedures, one should have to follow to get complete ownership of the immovable properties is mutation. It has often been observed that people get the land /property transferred to their name, but they face many problems due to a lack of information about mutation. As a result of which, the chances […]