What is declaration deed? A declaration deed describes аnd has all the infоrmаtiоn аbоut оwnershiр оr legаl rights оf а рrорerty. Also саlled a deed оf trust, this legal document is signed аnd registered … READ FULL STORY
Property dispute numbers in India are quite overwhelming. Only over 66% of the cases pending in various civil courts of India are related to property disputes. Of all the cases that India’s apex court … READ FULL STORY
Buyers investing in under-construction properties invariably have to sign tripartite agreements while entering into a contract. Since there is a financial institution also involved in the process, there are a total of three parties … READ FULL STORY
A completion certificate is a legal document which is given to housing projects once they have reached completion, following an approved building plan. A completion certificate is awarded to any housing projects after authorities … READ FULL STORY
The government in India has come up with the Draft Model Tenancy Act 2019, to promote rental housing in India and to make the process of renting properties beneficial for both, the landlord and … READ FULL STORY
In rent agreements, one would invariably find the use of ‘lessee’ and ‘lessor’. This is especially true if the rent agreement pertains to commercial and industrial spaces. In this article, we explain the difference … READ FULL STORY
Under the Indian laws, the assets earned by a Hindu or inherited from anyone except his father, grandfather or great-grandfather, are treated as personal assets. As far as personal assets are concerned, you are … READ FULL STORY
Builders in Bihar have to follow rules prescribed under building bye-laws in the state. We will discuss these in detail in this article. What are building bye-laws? Building bye-laws are legal tools that … READ FULL STORY
Joint development agreements are becoming a common form of real estate development in India, as the government formulates policies and laws that facilitate the coming together of various stakeholders to participate in mutually beneficial … READ FULL STORY
Home buyers in India have multiple platforms where they can register their complaints against developers, in case of any misdemeanour or offence. These include civil courts, consumer courts and the latest dedicated platform, the … READ FULL STORY
A non-resident Indian (NRI), who is interested in buying a property in India, can do so. However, his property investment must be made in line with the provisions of the Foreign Exchange Management Act … READ FULL STORY
A son-in-law has no right in a property belonging to his father-in-law, even if the former has made contributions for the construction work of the said property, the Kerala High Court has ruled. Giving … READ FULL STORY
The central government in India, in 2016, introduced a code to resolve insolvency cases amid a spike in the number of bankruptcies. This law is known as the IBC or the Insolvency and Bankruptcy … READ FULL STORY
