In a move to capitalize on the huge response it has received from the move, the Punjab government has decided to extend the last day to offer rebate on stamp duty and associated charges … READ FULL STORY
Indemnity bonds guarantee the bond’s owner financial compensation in the event of a covered loss. When a borrower fails to repay a loan by the terms of an agreement, the lender is protected by … READ FULL STORY
Often, many parents transfer their properties to their children due to various reasons. After the property is gifted to their children, the promise that they shall be taken care of by the transferee is … READ FULL STORY
With major fire incidents in Mumbai’s high-rises in the past few months, the Maharashtra state government has passed a new fire bill that is drafted with stringent regulations to follow and a legal framework … READ FULL STORY
If you’re wondering what the many types of a contract are, you’re curious about the variations between one of the most essential components of a business. A contract is essentially a legally binding agreement … READ FULL STORY
All states and Union Territories in India have notified the Real Estate (Regulation & Development) Act (RERA) barring Nagaland, minister of state for housing & urban affairs Kaushal Kishore told the Lok Sabha in … READ FULL STORY
If not for high speed internet connectivity, the world would certainly have come to a standstill in the face of the Coronavirus pandemic that started in December 2019. While the virus made free movement … READ FULL STORY
There is no law in India that prohibits joint property ownership among siblings. As far as making the decision of purchasing a property with your brother, or sister is concerned, you are free to … READ FULL STORY
The Mumbai police have issued an advisory on March 8, 2023, to property owners renting their properties. As per the advisory, it is mandatory for property owners to submit details of the tenants on … READ FULL STORY
Many times, the value of an under-construction property changes between the time of signing the builder-buyer agreement and the time of sale deed registry. So, how does it affect buyers? Buyers will have … READ FULL STORY
A divorced Muslim woman in India is entitles to claim maintenance under Section 125 of the CrPC (Code of Criminal Procedure) for her entire life if she is not disqualified to do by entering … READ FULL STORY
What Is a Quasi Contract in Law? A quasi-contract refers to a retroactive arrangement between two parties, where there was no prior obligation contractual commitment between them. It can also be defined as the … READ FULL STORY
Joint owners of a property will be liable to pay equal amount of tax on the income made from house property if the registered sale deed does not clearly qualify their share in the … READ FULL STORY
