Transfer of immovable property results in the conveyance of property rights, i.e. title, rights, interest in the property by one person to another. The property can be transferred by the person having rights to do so. Generally, it is the owner of the property or the person authorized to do so. Any document showing the ownership of the […]
Perception is – Where there is property, there is a fraud! Possibly because, there is a lack of transparency in the processes, and the documentation is not simple. Also, in most cases, there is a casual approach to property management issues.Here’s a glimpse of what the transfer of property entails, the potential frauds therein, and […]
Can parents take back the property gifted to their children?Let’s skip the mystery and come straight to the point! The answer is – YES Parents can indeed take back the property they have gifted to their children. Remember: All Gift transactions come under the purview of the Transfer of Property Act. Under this law, a valid gift once […]
Transfer of property means transferring the ownership of the property. For transfer of the property, one has to establish his claim or has to prove his title. The same can be done through various documents like sale deed, gift deed, Will etc.Will or no WillWhenever a person dies, someone has to manage his property and […]
My father and myself have used the services of NRI since May 2014 with regards to Land that was registered incorrectly in the name of my Father and my Late Grandfather in the state of Uttar Pradesh. We have been faced with many issues and barriers outside the control of NRI and ourselves. But, I […]
After a death of a loved one, our lives come to a standstill. It is even worse when it is a woman who has lost her husband, her whole world shatters. Most of the Indian women never indulge in the matters of property and legal documentation while the husbands are alive. That is the worst […]
‘People can only have a long-term plan if they know their private property is secure’. Throughout life, we acquire property in the form of houses, real estate, vehicles and savings accounts. Deciding how to divide assets between loved ones after your passing can be a confusing task. The use of wills and deeds of transfer […]
How many times would you have heard NRIs complaining of their property being usurped by unwanted elements, for sheer lack of legal transfer of property in their names? Transfer of property is easily one of the most troublesome issues that NRIs face – and lack of awareness of these has led many NRIs to suffer mental […]