MEANING OF ADVERSE POSSESSION IN INDIA Taking possession of a property inadvertently is known as adverse possession. It's accepted and widely used in India, though. A person is given ownership rights to a piece of property under the law of adverse possession if they remain in possession of it for 12 years. In plain English,... Continue Reading →

INTRODUCTION Assets that have been put in a fiduciary relationship between a trustor and trustee for a specific beneficiary are referred to as trust property. Any kind of asset, including money, stocks, real estate, and life insurance, can be considered trust property. The terms "trust assets" and "trust corpus" are also used to describe trust... Continue Reading →

SECTION 102 OF CODE OF CRIMINAL PROCEDURE, 1973 The police have the authority to seize any property they suspect of being stolen or that has been discovered in suspicious circumstances under Section 102 CrPC. Police officers have the right to seize specific property under Section 102. Any police officer has the right to confiscate any... Continue Reading →

WHAT IS READY RECKONER RATE? The Ready Reckoner rate, commonly known as the circle rate, is the lowest price at which a property must be recorded in the event of its transfer. All state governments publish area-based ready reckoner rates of properties once a year in order to prevent the avoidance of stamp tax via... Continue Reading →

INTRODUCTION It can be incredibly stressful to spend your hard-earned money on a house, apartment, or other property and not receive it on time. Additionally, when the builder refuses to answer your calls and repeatedly delays the delivery of your ideal home, it drains all of your strength, concentration, and tranquility. You lose money in... Continue Reading →

INTRODUCTION Freehold land is defined as being "free from hold" of any entity other than the proprietor. The term "freehold land title" refers to a freehold property title under which the freehold land's owner has perpetual ownership of the property (free from hold). For the landowner and its beneficiaries, freehold land title ownership has no... Continue Reading →

INTRODUCTION The Specific Relief Act of 1963 has taken care of a significant number of legal remedies. In general, substantive law, which establishes rights and obligations, frequently provides remedies. For instance, the remedy of damages for contract violation is provided under contract law. Even civil law must protect some rights, and these rights are constrained... Continue Reading →

INTRODUCTION Joint ownership, also known as Co-ownership, All co-owners are property owners. When property belongs to more than one person, this is called joint ownership. In the case of Coparcenary, male members and daughters share a common equal interest in ancestral property. Any co-owner can transfer their stake to a stranger or other co-owner, and... Continue Reading →

INTRODUCTION As indicated by section 122 of the Transfer of Property Act, 1882, you can transfer immovable property through a gift deed. The voluntary transfer of some existing property given without consideration is referred to as a "gift." A legal instrument that can be used for this is a gift deed. The property in question... Continue Reading →

INTRODUCTION A Gift Deed is a legal document that certifies the lawful transfer of a gift from one person to another. A gift deed, as described in Section 122 of the Transfer of Property Act of 1822, is a legally enforceable written instrument that allows the donor to willingly transfer an existing piece of real... Continue Reading →