When you buy a house for investment purposes, one of the ways to make money from it by renting it. But did you know that if the property is located in a housing society, … READ FULL STORY
In India, property inheritance holds immense significance since it relates to protecting lineage and legal rights of heirs over assets and wealth after the owner’s death. Property inheritance in India can be complex because … READ FULL STORY
Gifting a house property in India has tax implications- income tax and stamp duty. The stamp duty varies across states, generally ranging from 2% to 7% of the property value. Notably, many states waive … READ FULL STORY
Among the many land related cases in India, illegally occupied property make up for a large number. One of the reasons for this is huge value that properties have. This article details on how … READ FULL STORY
It is a fact that when buying a property in Maharashtra, one has to pay the different taxes related to it, most important being stamp duty and registration charges. These are governed under the … READ FULL STORY
Gifting is one of the many mediums through which one can transfer ownership of one’s property to another person. The gifting of property in India falls under Transfer of Property Act, 1882 and is … READ FULL STORY
Upon the demise of an individual, it is his or her legal heir(s) who are entitled to inherit the individual’s assets and properties. A legal heir certificate is a vital document for establishing the … READ FULL STORY
While we bet that you know the importance of registering a property in government records, there are a lot of old unregistered properties existing in the market that are not visible in the legal … READ FULL STORY
When a homebuyer is exploring the Bangalore property market, one of the most important things he should be aware is guidance value Bangalore. This will impact the price a home buyer pays for his … READ FULL STORY
An encumbrance certificate covers the entire history of a property that has been registered at the sub-registrar office (SRO)- who bought it, sold it, transferred it etc. This is a very important certificate that … READ FULL STORY
Renting a property requires tenants and landlords to adhere to the tenancy laws and the relevant rent control laws in their state. The only way to give legal validity to the tenancy is by … READ FULL STORY
In Tamil Nadu, the document that proves a person’s legal right over a property is known as a ‘Patta’ while Chitta is a document containing details about the area, size, ownership of the property. … READ FULL STORY
Whenever a landlord and a tenant agree on the terms of renting a property, they should formalise the arrangement through a rent agreement. This legally recognised document is crucial in safeguarding the interests of … READ FULL STORY
