In India, the act of gifting holds cultural and emotional significance, often symbolizing love, care, and goodwill. However, when it comes to legally formalizing a gift, it’s crucial to navigate the intricacies of gift deeds, stamp duty, and registration fees. This article aims to provide a comprehensive understanding of gift deed stamp duty and registration […]
Tag Archives: Legal
7 Easy Steps to Check Patta Transfer Application Status Online
Tags: Legal
Are you eagerly awaiting the status of your Patta transfer application? Tracking it online can save you time and hassle. In this comprehensive guide, we’ll walk you through the process step-by-step, ensuring you stay informed every step of the way.
What Actions Should Sellers Take if the Buyer Disappears After Providing Token Money?
Tags: Legal
In the intricate dance of real estate transactions, token money acts as a vital sign of commitment between a buyer and a seller. It symbolizes a buyer’s serious intent to proceed with a purchase. However, the journey from token money to final closure isn’t always smooth. Instances where abuyer absconds after paying token money can […]
Things to Remember to Avoid the Sale of Disputed Property in India
Tags: LegalReal Estate
In India, where property disputes frequently arise due to various complications such as illegal possession, disagreements among co-owners, or unclear title deeds, safeguarding real estate from unlawful sale becomes paramount. The legal framework surrounding the sale of disputed properties is intricate, demanding thorough vigilance and proactive measures from property owners to prevent unauthorized transactions. This […]
Navigating Utility Bills in Auction-Bought Properties: A Buyer’s Guide
Tags: LegalReal Estate
Purchasing a property through auction can seem like a financial boon, given the often lower prices compared to market rates. However, the attractive price tag may come bundled with less apparent costs, such as unpaid utility bills. Who is responsible for these outstanding dues when you buy a property at auction? Recent Supreme Court rulings […]
What Is E Stamp and Everything You Need To Know
Tags: Legal
Stamp duty must be paid to the national or state authorities for the purpose of: Purchasing, selling, producing a deed, or renting your property. E-stamping, also known as electronic stamping, is a method of electronically paying non-judicial stamp duty to the government. In the past, stamp duty for registering a property had to be paid […]
What is an encumbrance certificate?
An encumbrance certificate is a crucial document that serves as proof of a property’s legal status and ownership. It essentially verifies that a particular property is free from any monetary or legal liabilities, such as mortgages, liens, or pending legal disputes. This certificate plays a pivotal role in property transactions and is often required during […]
Mastering Real Estate Contracts: Understanding Breaches
In the dynamic world of real estate transactions, contracts serve as the cornerstone of agreements between parties involved. However, what happens when one party fails to uphold their end of the bargain? This is where the concept of a breach of contract comes into play. In this comprehensive guide, we’ll navigate through the intricacies of […]
Optimistic Insights: What Happens to a Lease if the Property Is Sold?
In the dynamic realm of real estate, leasing agreements often stand as pillars of stability for both tenants and landlords. However, the scenario can take an unexpected turn when the property changes hands through a sale. What happens to a lease if the property is sold? This question reverberates through the minds of tenants and […]
Understanding Stamp Duty on Rental Agreements: A Beginner’s Guide
Tags: LegalRentalStamp Duty
Stamp duty on rental agreements is a crucial aspect of property leasing transactions, impacting both landlords and tenants alike. Understanding its implications is essential for ensuring legal compliance and safeguarding one’s interests.
