Legal Guidance
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Tax Implication for a Second Home
Planning to buy a second house? Well, that is great! But while adding another asset to the existing portfolio, one needs to keep in his or her mind certain ‘Tax’ pointers, along with one’s financial conditions, expenses and payment obligations. Let’s get clear with what benefits a second house yield to a buyer. There are two kinds of property a person can own, one is Self Occupied where...
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A Tenant Home Insurance is A Must. Here is Why
Are you staying in a rented accommodation? Did you get a home insurance even being a tenant? No! But Why? People often while renting a house don’t go for home insurance thinking that the house belongs to a third person. But a home insurance for a tenant is also a must for his personal and costly belongings such as television, electronics, furniture etc. Reports say that while only 95% ...
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5 Questions You Must Ask To Choose Best Real Estate Lawyer
Among the greatest financial investments an individual can make is acquiring a home. No matter,if they are buyingit first time or third time, it is crucial that they seek advice from a real estate lawyer to encourage them through the procedure. While it is an amazing action to take, a long procedure includes agreements, loans, and other documents that ought to continually be authorized by a lawyer...
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How About Taking Legal Help for Selling a Shared Ownership Property
Selling a regular propertyand selling your shared ownership property, both are extremely different from each other. The housing association will authorize the sale, thus you need to collaborate with them. Buying the Housing Association's Share After buying your landlord's share, you will have the option to remain in the property or attempt and earn a profit by selling it directly on ...
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What to Do If Your House Possession Is Delayed
There is an old saying 'Avoidance is much better than Remedy. It is very important to constantly take precautionary actions when it concerns getting your home possession on time. Possible Factors of Hold-up 1. Approvals not received If the builder has not begun the construction, maybe he has not received construction approvals from the authorities. In case contractor had actually re...
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What Is the Role of Lawyer for Home Buyers?
Buying a home will most likely be the biggest and most substantial purchase you will make in your life. It likewise includes the law of real estate, which is unique and raises special concerns of practice, and issues that are not there in other deals. A real estate attorney is expert to handle these issues and has the most skill to handle them. Some states license lawyers as "Real Estate Professio...
LEGAL GUIDANCE -
Home Insurance for Remodeling Your House
Renovating home is a regular process in order to give your a house a new and fresh look along with increasing its value. Mr Sharma has been thinking about renovating his house for a very long time but was not moving ahead because of the cost involve in it. Are you on the same line? Are you planning to renovate your home? So before you began, then do take into consideration your home insurance as t...
LEGAL GUIDANCE -
A Checklist before Creating the Rent Agreement
A rent agreement is an important document between landlord and tenant. It is a legal document that protects the interest of both the parties. The landlord and the tenant are both suppose to sign the document in the presence of two witnesses. But before signing the agreement, keep in mind to check all below mentioned pointers: Names of all the residents: the rent agreement should consist th...
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Points to Keep in Mind before Applying for Home Insurance
Just yesterday, my uncle had come to our place to meet my dad. He seemed pretty tensed. On asking him the reason of his concern he told me how his house has suffered serious damage due an electrical default last night. A lot of his valuable possessions had been destroyed. On talking to dad about this issue, he got a little relieved knowing that his insurance would help him in a great way. Th...
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Let’s Make Home Insurance Claim Process Easier
Prevention is better than cure” is one of the prime motives of people today due to the prevailing uncertainty of natural and man-made disasters. In the recent past few days, the frequency of earthquakes had made people think and is making them go for home insurance to ensure their home safety. But claiming a home insurance is not an easy process. Here are some tips that will help a customer c...
LEGAL GUIDANCE
