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Category: Legal

Home » Must Knows » Legal » Page 23

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

Legal
By Harini BalasubramanianJanuary 12, 2024

Lease: Meaning and types of lease

Leasing is an alternative to purchasing a property. It allows one to pay for the use of an asset owned by another party over a specified period. A lease refers to a contract that … READ FULL STORY

Legal
By Dhwani MeharchandaniApril 2, 2024

How to revoke Power of Attorney (PoA)?

A Power of Attorney (PoA) is a lawful document that grants someone the power to represent another individual in financial, legal, or personal affairs. Defined by the Power of Attorney Act of 1882, it … READ FULL STORY

Taxation
By Dhwani MeharchandaniJanuary 8, 2024

What is section 54EC of Income Tax Act?

According to Section 54EC, taxpayers are free from paying taxes on long-term capital gains. Any capital gains produced from the sale of immovable property in possession for 2 years or more are eligible for … READ FULL STORY

Legal
By Sunita MishraJanuary 5, 2024

What is a Will? How does it affect inheritance?

There are several ways in which wealth, assets, and property of an owner is divided among his successors after his demise. Will is one of the instruments used by the owners to distribute their … READ FULL STORY

Legal
By Sunita MishraJanuary 4, 2024

What is Kurki? What are its implications for a loan defaulter?

In India, Kurki (कुर्की) is an often-used medium to recover losses by private money lenders and institutional banks. This procedure, which causes a great deal of distress to the person at the receiving end, … READ FULL STORY

Legal
By Harini BalasubramanianJanuary 3, 2024

What are the rights of a landlord?

Renting out a property is an ideal way to generate additional income. A legal contract, known as a rent agreement, must be signed between the tenant and the landlord to offer this arrangement legal … READ FULL STORY

Legal
By Harini BalasubramanianJanuary 2, 2024

Who is a lessor?

A property owner who plans to rent his property must sign a lease agreement, which is one of the important legal steps. The agreement specifies the terms and conditions of the lease. According to … 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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