What is Special Power of Attorney?
A special power of attorney is a document that grants a person legal rights to make financial and legal decisions on behalf of their client. It is also known as a limited power of … READ FULL STORY
Legal
Category: Must Knows
Home Loans
How to buy a mortgaged property in India?
Purchasing a mortgaged property in India can be an attractive option for many homebuyers. While the process involves additional steps compared to buying a new or resale property without an outstanding loan, it can … READ FULL STORY
Legal
Null and void contract: Everything you should know
A legitimate contract defines the rights, responsibilities and expectations of the parties involved, fostering fairness and acting as a preventive measure against disputes. Conversely, null and void contracts lack legal enforceability, being considered invalid. … READ FULL STORY
Must Knows
All about unilateral contract
An offer made by one party to another is known as a unilateral contract. Under this agreement, the offeree must comply with the offeror’s wishes. The offeror will only be paid if the request … READ FULL STORY
Legal
What is a demand letter? What are its benefits?
A demand letter is a formal letter used to demand that another individual or entity fulfil a legal obligation, which may include rectifying a problem, making a payment, or upholding a contractual commitment. This … READ FULL STORY
Legal
Everything you should know about escalation clause
The escalation clause is significant in the real estate industry. In real estate transactions, buyers include this clause in their offers to increase their chances of winning over other competitive offers. The clause forces … READ FULL STORY
Home Loans
What is collateral loan? What is the process of applying this loan in India?
Collateral loans, also known as secured loans, play a significant role in the financial landscape, providing individuals and businesses with access to much-needed funds. In the diverse landscape of financial instruments in India, collateral … READ FULL STORY
Home Loans
How to qualify for a home loan?
Setting a budget and arranging funds are two of the most important steps in property buying. While the first one depends on you as to what extent you can stretch, arranging funds to buy … READ FULL STORY
Construction Know-How
Types of building plans: How to design, advantages
Building plans provide a visual picture of a structure’s final appearance. They are employed by contractors and builders to erect a variety of buildings. The preparation of project budgets and cost estimates both benefit … READ FULL STORY
Legal
Husband can’t deny maintenance to second wife: Bombay High Court
A second wife is entitled to claim maintenance under Section 125 of the Code of Criminal Procedure (CrPC), the Bombay High Court (HC) has ruled. Her husband can’t deny her claim if the fault … READ FULL STORY
Infrastructure
Green architecture: Features, impact
In the age of heightened environmental consciousness, a crucial shift towards sustainable living reshapes industries. Amidst this, architecture is embracing a transformative trend—Green Architecture. Responsible for 36% of global energy consumption and 8% of … READ FULL STORY
Home Loans
Principal amount in home loan
The amount that a lender gives to a borrower is known as the principal amount. This principal amount added with interest and is the final amount to be paid to the lender on time. … READ FULL STORY
Legal
All about commercial sublease agreement
In the dynamic world of commercial real estate, companies frequently require flexible solutions to handle changing needs regarding both space and budget. A commercial sublease agreement is when a main tenant (the sublessor) rents … READ FULL STORY
