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Category: Legal

Home » Must Knows » Legal » Page 29

Legal
By Sunita MishraSeptember 20, 2023

What is deed of declaration? Why is it important for homebuyers?

Deed of Declaration (DoD) is a document in which a real estate developer provides detailed information of his housing project. Getting access to this document is important for homebuyers and investors to know all … READ FULL STORY

Current News
By Sunita MishraSeptember 18, 2023

Divorced daughters not eligible for maintenance: Delhi HC

September 15, 2023: A divorced daughter can’t claim maintenance under the Hindu Adoption and Maintenance Act (HAMA), the Delhi High Court (HC) has said while delivering its order in the Malini Chaudhari versus Ranjit Chaudhari … READ FULL STORY

Current News
By Sunita MishraSeptember 15, 2023

Return original property papers in 30 days of loan closure or pay penalty: RBI

September 14, 2023:  The Reserve Bank of India (RBI) on September 13 issued a notification, saying banks must return property documents to a borrower and remove charges registered with any registry in 30 days after … READ FULL STORY

Legal
By Harini BalasubramanianSeptember 14, 2023

Can residential properties be used for commercial purposes?

Most people consider starting a business and setting up a home office, a clinic or a beauty parlour in their residential property to earn additional income. Moreover, it is usually a cost-saving solution than … READ FULL STORY

Legal
By Housing News DeskSeptember 12, 2023

Gifting property to children? Take note

In several cases, parents give away their wealth to their children in their lifetime to avoid any confusion after their demise and keep the paperwork in order. While doing so makes perfect sense, here … READ FULL STORY

Legal
By Sunita MishraSeptember 11, 2023

Neglected parents can take back property from children: HC

Parents are free to take back property they have given to their children through a settlement deed if they don’t get the promised care from them, the Madras High Court (HC) has ruled. The … READ FULL STORY

Legal
By Sunita MishraSeptember 11, 2023

Can an estranged wife stop husband from selling his property?

Under the applicable laws in India, the wife is entitled to receive her share of contribution in a joint property if she decides to divorce her husband. The reverse is also true. If the … READ FULL STORY

Legal
By Sunita MishraSeptember 8, 2023

Son can’t mortgage property in which daughters have rights too: HC

A son does not have the right to mortgage a family property on which daughters also have equal rights, the Karnataka High Court (HC) has ruled. While dismissing a second appeal made against the … READ FULL STORY

Legal
By Sunita MishraSeptember 8, 2023

Children from invalid marriage have right in ancestral property: SC

Children born put of a void or a voidable marriage are considered legitimate in the eyes of the law, and they have a right in theirs parents’ ancestral property under the Hindu succession law, … READ FULL STORY

Legal
By Housing News DeskAugust 25, 2023

What is property transfer?

Immovable property is a transferable asset. This means that the owner of a flat, independent house, bungalow, land parcel or plot is free to transfer his ownership to another person. The giving away of … READ FULL STORY

Legal
By Sunita MishraSeptember 3, 2024

How to identify fake property papers?

In 2020, the Special Task Force of the Uttar Pradesh Police arrested Mukesh Singh for masterminding a property fraud worth Rs 200 Crore. In January 2023, a team of Delhi’s Crime Branch arrested Sona … READ FULL STORY

Legal
By Sunita MishraAugust 10, 2023

UP cuts stamp duty to Rs 5,000 on property gifting in family members

August 8, 2023: In a move that would substantially reduce the cost of property transfers among family members, the Uttar Pradesh government has fixed the stamp duty on gift deeds at Rs 5,000. “Such … READ FULL STORY

Current News
By Anuradha RamamirthamAugust 8, 2023

One project cannot have two project registration numbers: MahaRERA

August 7, 2023: Each real estate project can have only one MahaRERA project registration number, mentions an order issued by MahaRERA on July 26, 2023. This is according to section 5(f) (a) of the … 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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