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Category: Legal

Home » Must Knows » Legal » Page 17

Legal
By Sunita MishraApril 1, 2024

Tamil Nadu makes more kin eligible for legal heir certificate

The Tamil Nadu government in March 2024 issued new guidelines and procedures to issue legal heir certificates taking into account Class-II under the Hindu Succession Act, 1956, The New Indian Express reported. The new rules override an … READ FULL STORY

Legal
By Sunita MishraApril 1, 2024

What if a seller dies after signing the sale agreement?

Once a buyer and a seller enter a property transaction, they formalise the process by signing an agreement to sell. A legal document post registration, this document sets the terms and conditions of the … READ FULL STORY

Legal
By Sunita MishraApril 1, 2024

TDS on sale of property under Section 194IA

Under Section 194-IA of the income tax law, property buyers in India are obliged to deduct tax at source (TDS) if the property value is more than Rs 50 lakh. On property deals worth … READ FULL STORY

Legal
By Harini BalasubramanianApril 29, 2024

What to do if a builder sells the same property to multiple buyers?

In a growing real estate market, under-construction properties present excellent investment opportunities for several buyers and investors looking for higher returns. Obtaining property ownership involves several legal procedures, which must be duly completed. Property … READ FULL STORY

Legal
By Sunita MishraMarch 28, 2024

What is circle rate? How does it impact a homebuyer?

Those entering the real estate market would invariably hear about the term circle rate and its various other synonyms since real estate purchase transactions are based on this value. In this article we would … READ FULL STORY

Legal
By Harini BalasubramanianMarch 28, 2024

What is a Structure Stability Certificate?

Construction quality and structural safety of a property are among the main concerns for many property buyers. A Structural Stability Certificate is one of the important property-related documents required during the purchase, sale and … READ FULL STORY

Legal
By Sunita MishraMarch 27, 2024

What is adverse possession?

According to the legal definition of adverse possession, a person who has lived on a piece of land without a title for 12 years with the owner’s consent could be able to claim ownership … READ FULL STORY

Legal
By Harini BalasubramanianMarch 26, 2024

Can a registered release deed of ancestral property be challenged?

A registered release deed is an important document that plays an important role in the distribution of shares in an ancestral property. In India, the concept of ancestral property holds great significance, and there … READ FULL STORY

Legal
By Sunita MishraMarch 26, 2024

Adverse possession no ground to claim title to govt land: SC

Adverse possession can’t be a ground to claim title of government land, the Supreme Court (SC) has ruled. For the uninitiated, adverse possession is a situation in which the actual owner of a property loses … READ FULL STORY

Legal
By Sunita MishraMarch 21, 2024

What are the different types of ancestral property?

An ancestral property is that which an owner receives through succession from his family. In case of Hindus, a property’s property inherited from their father, their grand-father and their great grandfather qualifies as an … READ FULL STORY

Legal
By Sunita MishraMarch 21, 2024

Can property sellers drag buyers to court for cancelling sale?

Due to a variety of reasons, a buyer may not be able to complete a property sale transaction and may have to cancel the sale deal at the last moment. However, can the seller … READ FULL STORY

Legal
By Sunita MishraMarch 25, 2024

Party claiming adverse possession must know the actual owner: SC

A person claiming adverse possession of a property must know its actual owner, the Supreme Court has ruled.  For the uninitiated, adverse possession is a situation in which the actual owner of a property loses their … READ FULL STORY

Legal
By Harini BalasubramanianMarch 19, 2024

How to start a homestay in India?

When planning a trip, the foremost thing people think about is suitable accommodation, with the popular choices being a hotel, a hostel or a homestay. According to the latest trends in the hospitality industry … READ FULL STORY

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These articles, the information therein and their other contents are for information purposes only. All views and/or recommendations are those of the concerned author personally and made purely for information purposes. Nothing contained in the articles should be construed as business, legal, tax, accounting, investment or other advice or as an advertisement or promotion of any project or developer or locality. Housing.com does not offer any such advice. No warranties, guarantees, promises and/or representations of any kind, express or implied, are given as to (a) the nature, standard, quality, reliability, accuracy or otherwise of the information and views provided in (and other contents of) the articles or (b) the suitability, applicability or otherwise of such information, views, or other contents for any person’s circumstances.

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