What is a redevelopment and why is it required? Housing redevelopment is a process in which residential premises are reconstructed by demolishing the existing structure and constructing a new one in its place, according to the respective authority’s approvals.The process works best when the housing society has reached the end of its construction lifespan, in…
Introduction (Doctrine of Fraudulent Transfer) Lord Keeper in the case of Partridge v Gopp had enunciated certain words which are relevant herein. He opined that no one has power over his property to such extent using which he, whilst using his right of alienation of property, can delay, defraud or hinder his creditors. The only the…
In India, the governing law for the control of rent, protection of rights of landlords and therefore the rights of tenants are governed by the Rent Control Act. Introduction to the Rent Control Act A central Rent Control Act was elapsed the legislature in 1948. It regulates the principles of letting out a property and ensures that neither the landlords nor…
Introduction The Hindu Undivided Family or HUF could be a business form recognized only in India. Partition of a HUF leads to dividing or splitting up the HUF in order that the property is divided into shares of the individual coparceners (i.e. members within the family entitled to a share) rather than being held jointly by the complete family. HUF has been and still to an outsized extent continues to be…
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.,…
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,…
According to the Juvenile Justice (Care and Protection of Children) Act of 2015, adoption is the process by which an adopted child is permanently separated from his biological parents and becomes the lawful child of his adoptive parents with all of the rights, privileges, and responsibilities that come with being a biological child. Adoption comes…
IntroductionThe term “mortgage” is derived from a French phrase that was used in medieval Britain and meant “death pledge,” which refers to a pledge that expires (dies) when the debt is paid off or the property is seized through foreclosure. From 1190 onward, the concept of a mortgage originated in England and spread throughout the…
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…
Generally when we talk about the property of a women, we don’t have much clarity but we all know about the property of a man (husband) and how it will be distributed if he dies. In this article, we will get to know that who has the right over a women’s property if she dies…
