Legal Guidance
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Register your Property Online with Adhaar Card
Over the years, there have been many cases of the disputed properties. Most of them because of unclear land titles, poor documentation etc. The property passes through many lineages over the years which have made it even difficult to track the issue. This is the major reason for the conflicts related to properties. E- Registration of the properties is considered to be the reformist move. The land...
LEGAL GUIDANCE -
Assumptions that can Badly Affect Your Credit Score
We all want a good credit score not just for the current loan but also for any loan that we might need in future. A good credit score promises a quick approval of the loan. But if your credit score is suffering, then taking few steps can severely backfire. Sometimes people take certain steps to improve their credit score. This only adversely affects your chances of getting your loan approved. L...
LEGAL GUIDANCE -
What are the Tax Benefits of the Home Buyer?
Taxes are a necessary evil. Sometimes they drain us, sometimes we question its importance, but regardless you cannot overlook the benefits of taxes. A proper knowledge of the taxes and their savings can help you in a huge way financially. When it comes to real estate, the government has given both the buyers and builders some relief where they can enjoy the tax benefit. Whether be it renting, buy...
LEGAL GUIDANCE -
Here Are Some Legal Rights That You Should Be Aware Of If You Live In A Housing Society
The most common form of housing today is flats and apartments. Buyers prefer to buy to live in a housing society and do not want to invest their time in building a house from scratch. They are instead interested in paying for the already constructed properties. There are certain terms and conditions that every buyer should keep in mind. As a member of the society, you are expected to maintain t...
LEGAL GUIDANCE -
Before Buying the Property Make Sure You Know About These Clauses in the Agreement
Buying a house is a dream. But the dream can turn into a nightmare if the deal goes wrong. To make sure everything goes smoothly, it is a buyer’s responsibility to read the agreement carefully before signing. Recently the Delhi court has slammed a builder penalty of Rs 630 crore for the fraudulent practices. One thing every buyer should know is that not all developers have the best interest o...
LEGAL GUIDANCE -
How to Claim IT Exemption on Relocation Allowance
Globalisation has made the dream of working in different places and gaining experience come true. Moving from one city to another and one country to another is not something new anymore. But the expenses involved with relocating are too high. Growing up in the career is tricky and needs constant efforts. And if there’s a chance to grow and expand your knowledge and experience while relocating, n...
LEGAL GUIDANCE -
What is a Tripartite Agreement
When a deal is made, the roles and responsibilities of all the parties involved should be made clear in order to avoid dispute. A tripartite agreement is made for this purpose. It is a legal document, clearly stating the obligations of all the parties involved and making them accountable towards the terms and conditions of the agreement. The buyer must make sure that the agreement contains al...
LEGAL GUIDANCE -
Stamp Duty Is Mandatory During the Registration of the Property
Home buyers are required to pay the stamp duty by themselves. The financial institutions and banks offer the home loan up to 80 percent of the total amount of the property. The rest 20 percent has to be paid by the buyer which includes the registration charges. This registration and stamp duty charges are mandatory for the buyer to pay. These encapsulate the transfer of the immovable property. Sta...
LEGAL GUIDANCE -
Guidelines for NRI Landlords and their Tenants
It is a common practice among NRI (Non-Resident Indian) home owners to rent out their property in India. It gives them a return on investment and also ensures that the property is maintained. However, this process of renting can be tricky for the landlord as well as the tenant. In many cases, the landlord appoints one of his/her relatives in India to look after the property, rent it out and collec...
LEGAL GUIDANCE -
Partition of a Jointly Owned Property
At some point or the other, co-owners of a property need to divide it and exercise their rights over their share. This is done through a partition deed. The partition deed legally divides the property among the co-owners. Each person becomes the primary owner of their allotted portion in the property. Each part of the property divided, gets a new title and each sharer gives up his/her interest in ...
LEGAL GUIDANCE
