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Category: Legal

Home » Must Knows » Legal » Page 22

Legal
By Anuradha RamamirthamFebruary 7, 2024

What is a void contract?

If you are entering into any kind of contract, you need to fully understand every detail related to it. This includes knowing the different types of contracts so that you are armed well when … READ FULL STORY

Legal
By Sunita MishraFebruary 7, 2024

Can a father deny property to his children?

Laws of inheritance in India are highly complex and often lead to confusion due to lack of clarity and varying interpretations. However, children are among the legal heirs of their father’s properties and enjoy … READ FULL STORY

Legal
By Harsh ParikhFebruary 5, 2024

Can a housing society member initiate an arbitration against developer?

With increasing number of redevelopments in cities, co-operative housing societies and their members have been concerned about their legal rights and remedies. Arbitration, as a dispute resolution mechanism, is seen to be included in … READ FULL STORY

Legal
By Anuradha RamamirthamJanuary 31, 2024

7 benefits of RERA Act

The Real Estate (Regulation and Development) Act (RERA) was established in 2016 with an intent to safeguard the interests of home buyers, developers and agents. Under RERA, each real estate transaction made is accounted … READ FULL STORY

Legal
By Dhwani MeharchandaniApril 9, 2024

What is the difference between a sale deed and a conveyance deed?

In real estate, several legal documents are pivotal in property transactions. Among them, the sale deed and conveyance deed play essential roles, each serving the purpose of transferring ownership rights. Despite the common goal, … READ FULL STORY

Legal
By Sunita MishraJanuary 26, 2024

Who is considered deemed owner of house property for tax calculation?

A taxpayer in India has to pay taxes under five heads of income, including income from house property. A person who legally qualifies to be the property owner is liable to pay taxes under … READ FULL STORY

Legal
By Sunita MishraJanuary 26, 2024

What is the punishment for submitting a fake rent agreement to claim HRA?

To claim tax deductions against the house tax allowance component of your salary, you are required to submit proofs by way of rent receipts and rent agreements. However, it is a common practice in … READ FULL STORY

Legal
By Dhwani MeharchandaniJanuary 24, 2024

What does the Married Women’s Property Act entail?

Several women continue to rely on male family members and lack control over their assets. The Married Women’s Property Act (MWPA) provides financial security for married women and their children. Explore the significance and … READ FULL STORY

Legal
By Harini BalasubramanianJanuary 24, 2024

How to transfer the title of inherited property?

Upon the death of an individual, his/her legal heirs have the right to inherit the property if the person has died intestate (without leaving a will). The title transfer is one of the many … READ FULL STORY

Legal
By Anuradha RamamirthamJanuary 22, 2024

What is eviction?

The legal process of removing a tenant from a property by the landlord is called eviction. An owner can oust a tenant and protect his property if there is a valid reason.   Eviction … READ FULL STORY

Legal
By Dhwani MeharchandaniJanuary 29, 2024

What are the rights of parents on a child’s property in India?

Discussing parents’ rights over a child’s property is not common as the emphasis is usually on children’s rights on their parents’ property. Nevertheless, it is crucial to comprehend parents’ rights concerning a child’s property. … READ FULL STORY

Legal
By Harini BalasubramanianJanuary 15, 2024

Types of deeds in real estate

When engaging in real estate transactions, one may come across the term deed. A deed refers to an agreement signed between two parties to transfer the ownership of a movable or immovable property. In … READ FULL STORY

Legal
By Harini BalasubramanianJanuary 15, 2024

What is property settlement?

According to the legal definition, settlement refers to an agreement between two parties to settle the matters or any dispute between them. In real estate, property disputes are quite common. Such disputes are resolved … 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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