Ancestral property refers to assets—such as land, homes, or other immovable property—that are passed down through generations within a family. Typically, these inheritances date back several decades or even centuries, forming a lineage-based ownership … READ FULL STORY
Tenancy is a kind of ownership over the property. A tenant is someone who is permitted to occupy the property of another person, by signing a lease or rental agreement. The rental agreement empowers … READ FULL STORY
The original property deed is the most important document to sell a property as it supports the legality of your property and ownership. What happens if you have lost the original deed documents? Is it … READ FULL STORY
Real estate purchases are expensive and for some it is their entire life savings. With such high value tagged to the purchase, it is only right to plug any hole that can result in … READ FULL STORY
When you are buying a property, you have the choice to become its single owner or invest through co-ownership. As the name suggests, in single ownership, there will be only one owner that is … READ FULL STORY
In densely populated urban areas, every square inch of space holds significance. The demand for better housing, enhanced amenities, and niche markets has become integral to our daily lives. Unfortunately, this surge in real … READ FULL STORY
Renting out a house to a tenant has its advantages and disadvantages. Some tenants occupy the property for a brief period, while others may stay for several years. However, the latter can potentially result in … READ FULL STORY
When a buyer finalises a property for buying, the next step is to pay a token money to the seller. What is token money? Token money is the amount that a buyer pays … READ FULL STORY
A runaway tenant can be a major headache for a landlord. This is particularly true due to a sharp rise in the number of unscrupulous people misusing rented premises to carry out illegal activities. … READ FULL STORY
The Indian Contract Act, 1872, serves as a detailed manual regulating contracts and agreements in India. Enacted to establish a legal structure for contract law, this act has undergone multiple amendments to adapt to … READ FULL STORY
Renting a property enables a property owner to earn additional income. However, it is necessary to take care of certain legal aspects, which helps safeguard the rights of a landlord. A rent agreement is … READ FULL STORY
Purchasing a property involves a large sum of money. The property buying process also involves various legal procedures, as transactions are governed by state and local regulations. It includes important documentation work, which may … READ FULL STORY
An agreement between two parties, results into a contract only when all the essential elements of a valid contract are present. In case, one or more such elements are missing, the contract will either … READ FULL STORY
