Legal Guidance
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Anticipatory measures to be taken while purchasing a house property
One needs to be really careful and take all the possible precautionary measures while buying a house property as buying a property is usually a lifetime decision and any decision made in hurry or any mistakes made can fetch the person with lifetime regret. So one needs to be really well aware of everything while they make the purchase. As it’s correctly said decisions made in hassle never turns ...
LEGAL GUIDANCE -
How to Identify a Property Scam?
Everyday a lot of people fall into property scams either by getting fooled by a seller offering way too low prices than market value on a certain property or by offering some exciting offers. False advertisements and claims are where buyers should be vigilant and proceed with caution. How to spot a scam? There are certain points which should be kept in mind before buying an apartment or proper...
LEGAL GUIDANCE -
What to do in Case You Get an Eviction Notice
Whether you are anticipating it because you have been not able to pay lease, or it shows up out of the blue, getting an expulsion notification is distressing. You might unknown that there are laws and policies in place in each state in an effort to safeguard the interests of both property owners and renters when it concerns the expulsion procedure. Knowing what your rights are and the actions y...
LEGAL GUIDANCE -
How to Get Your Security Deposit Back
Paying a down payment is quite basic in any rental scenario, even if the quantity needed varies. By meaning, a deposit is the fund that you pay against the property or any expenses that the owner sustains after you have abandoned the home. If you have left your leasing in excellent shape and it is not in the lease that a part of it is held for professional cleansing at the end of your occupancy...
LEGAL GUIDANCE -
Take Advantage of these Tax Benefits while Selling your Home
To fix a price tag on the property you wish to sell is not the only significant task while planning to encash on your residential property. Although you might have fixed the most suitable price for the property, many a times people miss to judge the tax implications and find out at a later stage that the overall deal wasn’t that fascinating. Lack of knowledge regarding various taxes associated w...
LEGAL GUIDANCE -
Be Aware of the Pre Possession Cost and Additional Charges
There are lots of additional charges applied before you get the possession of the property. These charges have usually proved to be tricky so the buyer needs to be well aware of all the costs and tax beforehand so that there is a smooth transfer of property. The developer may ask for extra money for the original payment of cost so it becomes compulsory for the buyer to pay the payment to get posse...
LEGAL GUIDANCE -
Buying a House: Make Sure you are Financially Ready
Buying a new house is a dream and you must be financially prepared before you buy a new house. In metro cities, the prices of properties are rising everyday along with the rising price of everyday needs. Balancing both the EMI and general expenses are important. Even if you are planning to take a home loan to, make sure that paying the EMI doesn’t mark a huge dent on your monetary condition. ...
LEGAL GUIDANCE -
Provident Fund can be used to buy a Property
Mostly all the salaried individuals, whether employed by a private firm or government, have a PF account. Not many are aware that they can withdraw money from PF to buy a property. According to the PF scheme, an individual can withdraw money from the PF account to buy a house, or for construction, or making some changes in the current property, after completing 5 years of employment. To bu...
LEGAL GUIDANCE -
A Few Must Know Things about VAT on Property
In the year 2005, Government of India reformed tax structure by introducing a new entity, namely, Value added tax (VAT) in the country. VAT was introduced with a view to bringing in more transparency in the Indian taxation system which would eventually rule out tax frauds by people thus increasing the revenue of the government. Before the VAT came into the picture, there was a widespread belief th...
LEGAL GUIDANCE -
Advantages of Buying a House In The Name of Wife
Buying a property is a very important and crucial decision in one’s life as purchasing a property is usually a lifetime decision so it’s necessary for the person to keep even the minute detail in mind while purchasing the property so that you can crack the best possible deal. One such important prospect of purchasing property is whether you should register the property in your name or the wome...
LEGAL GUIDANCE
