A no objection certificate or NOC is a very important document that establishes the legality of a particular transaction. INTRODUCTION What is a No Objection Certificate? A No Objection Certificate (NOC) is a document granting consent for the purchase or construction of property to a person or a company. Applicants must get a No Objection…
What is a Gift Deed? A gift deed is a legal document that can be used to transfer immovable property in accordance with section 122 of the Transfer of Property Act, of 1882. A gift deed includes information about the property, the transferrer, and the recipient, similar to what a sale deed does. However, it permits…
A builder-buyer agreement is a document which specifies the modalities, conditions and clauses between a builder and a homebuyer. The builder-buyer agreement contains clauses referring to the property in question, delivery information, and terms relating to default and late project delivery, among other things. At one point, delayed real estate projects affected the Indian real…
Introduction : The right to property is a fundamental human right. It is enshrined in the Universal Declaration of Human Rights and the International Covenant on Economic, Social and Cultural Rights. It is also protected by the Constitution of India. We have been given certain rights and with it comes duty. In order to protect…
Step By Step, Place Became Property, Property Became A Mortgage, And Mortgages Became Derivative Investments. INTRODUCTION What Is a Mortgage? A mortgage, as per section 58 of the Transfer of Property Act, is a sort of loan used to buy or keep up a house, land, or other pieces of real estate. The borrower agrees to…
“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…
Part III of the Indian Constitution guarantees fundamental rights to the citizens. All those fundamental rights that make one’s life worth living are ensured by these rights. Fundamental rights are very essential for the entire development of individuals and the country. The declaration of fundamental rights would be meaningless unless there is effective machinery for…
Introduction “By term ‘life’ as here used, something more is meant than mere animal existence. The inhibition against its deprivation extends to all those limbs and faculties by which life is enjoyed. The provision equally prohibits the mutilation of the body by the amputation of an arm or leg, or the putting out of an…
INTRODUCTION: India is a secular country where the Constitution doesn’t support any religion but respects every religion. India is home to different religions. Citizens of India are free to practice any religion they want to. State will not support any religion or encourages any religion. The Preamble of the Constitution of India starts with the…
Introduction : India is a secular country. India supports the slogan of “ Unity in Diversity”. Generally India doesn’t support ant religion and this may be the reason for people to apply for Indian citizenship. Citizenship Act was first enacted by Parliament of India in the year 1955.It provides Indian citizenship to persons who desire…
