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…
View detailsINTRODUCTION The transfer of property act is generally based on immovable property, but some of its provisions can also be laid on movable property. In general, an actionable claim refers to one that allows you to take legal action. It signifies there is a claim and you can approach the court to have it enforced.…
View detailsThe distinction between attempting something and preparing for it has long been debated. Preparation After the formation of intention, the next probable action of the offender would be an arrangement of resources to formulate and carry out the offence. Preparation cannot be conclusive of an offence and hence it becomes difficult to prove the guilt…
View detailsIn India, the Transfer of Property Act, 1882, Section 52, recognizes the action at law doctrine. It reflects litigation is currently ongoing when the phrase action at lawis employed. The maxim ‘ut lite pendent nihil innovateur’, which says nothing new should be added during the pendency of litigation, expresses the doctrine of legal action. Let’s understand the concept with…
View detailsINTRODUCTION 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…
View detailsINTRODUCTION 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…
View detailsINTRODUCTION 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…
View detailsIn India, the Transfer of Property Act, 1882, Section 52, recognizes the lis pendens doctrine. It reflects litigation is currently ongoing when the phrase lis pendens is used. The maxim ‘ut lite pendent nihil innovateur’, which says nothing new should be added during the pendency of litigation, expresses the doctrine of lis pendens. Let’s understand…
View details“Service is the Rent we pay for the Privilege of Living on this Earth.” Introduction A security deposit is an amount that a tenant pays to the landlord at the start of the tenancy. The sum that a tenant gives the landlord as a security deposit is paid at the beginning of the tenancy. It is…
View detailsIntroduction: An agreement made to restrict a person’s right to legal proceedings or limit the time for filing a suit is void. But the section that declares these types of agreements has an exception that allows restricting the jurisdiction to one court and enforcement of any legal proceeding in a court of law if parties…
View detailsWhatsApp us
