INTRODUCTION: The real estate industry of India has experienced huge growth in the previous two decades due to massive investments into the sector. Nonetheless, the trends prior to 2018 revealed that the real estate sector was reeling under tremendous pressure and became inactive. The main reason for the pressure may be accorded to the dip…
Introduction A transfer refers to a conversion of a thing from one person to another person. Property may be defined as anything physical or a virtual entity owned by an individual or a group of people. A property can be transferred from one person to another person by transferring rights, or interest, or ownership, or…
In the year 1882, the Transfer of Property Act was enacted. It only applies to transfers made by parties, not through the operation of law. This Act governs the transfer of property inter vivos, or between living individuals. It covers both mobile and immovable property transfers, but the majority of the legislation solely applies to…
Using a passionately dreamt approximately and purchased domestic as protection to reap a mortgage, isn’t the perfect choice to make. But taking this credit score to help scientific fees or university costs or to restore or increase the belongings, is probably unavoidable sometimes. In fact, it could additionally be a supply of income, due to…
The federal shape of presidency impose taxes at federal, state, and nearby levels. Taxes are charged on profits, payroll, belongings, capital gains, and different areas. They are imposed at the internet profits of people and corporations. On the alternative hand, belongings taxes are normally imposed on realty and a few styles of enterprise belongings. It…
The doctrine of feeding the grant by estoppel is based on the concept of ‘nemo dat quod nonhabet which means that no one can give to another, who does not have one’. Section 43 of the Transfer of Property Act stipulates that “if a person fraudulently or wrongly assumes that he or she is authorized…
Condition Precedent Section 128 – Fulfilment of condition precedent to vesting of legacy Where a Will imposes a condition to be fulfilled before the legatee can take a vested interest in the thing bequeathed, the condition shall be considered to have been fulfilled if it has been substantially complied with. Illustrations (i) A legacy is…
The term “public interest” is frequently used to refer to the private interest, and it is commonly recognised by law as a distinct exception to the owner’s “Right to exclude.” Trespass is a broad topic that encompasses both civil and criminal aspects. Criminal trespass differs from civil trespass in that the former requires entry with…
The doctrine of the transfer of property by a ostensible owner is no different from that of ‘nemo dat quod non habet’ which means that no one can give more rights than the property he owns. Article 41 protects innocent parties from third party fraudulent activities. Loss resulting from such action will befall the person…
GOODSThe definition of the “Goods” is defined in Article 366(12) of the Indian Constitution, it says that Goods includes all the materials, commodities and articles. It defines that only movable items which can be traded from one place to other place will fall within the definition of the term “Goods” MOVABLE PROPERTYMovable property means any…
