The name makes it obvious to a discerning buyer. While a sale deed is executed to formalize property sale, a gift deed is executed if the same property has to be gifted. However, a … READ FULL STORY
The stamp and registration department has no power to cancel a sale or conveyance deed that has been registered following the prescribed rules, the Madurai Bench of the Madras High Court has ruled. “The … READ FULL STORY
The Delhi Bench of the National Company Law Appellate Tribunal (NCLAT) has ruled that an unregistered sale deed can’t be the basis to claiming an immovable property by a creditor. The observation by the … READ FULL STORY
‘Redevelopment’ is rather unexplored by most home owners, because of the legal ambiguities around the concept. Redevelopment refers to the refurbishment of an existing property. It can be an exhaustive process, due to the … READ FULL STORY
The term title deed, is often referred to as the sale deed. We examine whether the two things are one and the same. Documents that prove the buyer’s ownership over a specific immovable property … READ FULL STORY
Buying a commercial property generally involves a huge amount of money and major care must be taken while conducting such a deal. A resale commercial property has many advantages and is preferred over under-construction … READ FULL STORY
Property owners have the option to grant co-ownership of their houses, flats, apartments and land parcels, at any point in their lives. Even though the reasons for such a step might be different in … 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
India’s leading full-stack online real estate platform Housing.com has announced the launch of legal assistance services for its customers. Adding another important service to its full-stack service model, the Gurgaon-headquartered company would now offer … READ FULL STORY
Even though the physical possession of a property proves a certain level of ownership, it is not the absolute proof of ownership in case of immovable property. To prove their ownership over assets such … READ FULL STORY
The Karnataka state assembly, on September 20, 2021, passed an amendment to the Stamp Act, 1957, under which the state has reduced the stamp duty on properties priced between Rs 35 lakhs and Rs … READ FULL STORY
It takes years of financial discipline and diligent planning, to be finally able to repay a home loan, which typically has a tenure of between 10 and 30 years. Owing to this huge liability, … READ FULL STORY
Prabhat Kumar bought an apartment in Greater Noida West through a trusted property agent. However, following the collapse of a building in Shahberi, which forced the authorities into action, Kumar’s project was found to … READ FULL STORY
