The Real Estate Industry is one of the most progressive industries in the country. It is that infrastructure service which is said to be driving the economic growth of our country. One of the fastest growing markets of the world today, Real estate Industry has come a long way. It comprises of 4 sub-sectors, i.e.,... Continue Reading →
HOW TO APPLY SUCCESSION CERTIFICATE
A succession certificate comes into play when a person dies intestate (without a will), and their assets are distributed to their lawful heirs after the court has confirmed ownership legitimacy. The term ‘Dying intestate’ refers to a circumstance in which a deceased individual has not left a will or has left one for an invalid reason.... Continue Reading →
WHAT ARE EASEMENT RIGHTS
An easement is the right of a property owner to compel the owner of another property to allow or refrain from doing something on a secondary element for the benefit of the dominant tenement. For example - right of way, right of light, right of air etc.A right in rem is almost like a privilege,... Continue Reading →
UNSFRUCTUARY MORTGAGE
A mortgage is a type of security provided by a borrower who is a borrower (mortgagor) to repay a loan to a lender who is a lender (mortgagee). The object of a mortgage is to secure a debt or other obligation. It is a transfer of a limited share of the property. A mortgage is... Continue Reading →
STAMP DUTY AND REGISTRATION CHARGES IN MAHARASHTRA
Government of India levies stamp duty on various legal documents like sale deed, conveyance deed, gift deed and mortgage deed. This agreement determines the obligations and rights of the contracting parties. Stamp duties and registration fees establish ownership and serve as proof of sale/purchase in court. Stamp is the money you pay to the authority... Continue Reading →
Aishwarya Sandeep 