Laws related to the co-ownership of a joint property ?

What is Co-ownership of property ? Co-ownership or joint ownership means when two or more persons hold title to the identical property. Co-owners of a property mean all the owners of that exact property. Any co-owner can transfer his/her personal share in such property to a co-owner or perhaps a stranger which ends therein transferee getting into the shoes of the co-owner. A co-owner generally has the…

Void Agreements

Introduction: According to section 2(g) of the Indian Contract Act, 1872 “an agreement not enforceable by law is said to be void.” From section 24 to 30 of the act mentions certain agreements which are void. Although, the agreement satisfy the essentials of a valid contract. Types of Void Agreements: This act divides the void…

Unlawful Agreements

1. Introduction: Section 24 of the Indian Contract Act, 1872 defines the unlawful agreement. As per this section, unlawful agreement is an agreement where parties entered into an agreement but the consideration or the object of the agreement is unlawful then the agreement is void. But if a valid consideration or object of the agreement…