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…
Private property is a necessary institution, at least in a fallen world; men work more and dispute less when goods are private than when they are in common. R. H. Tawney Family disputes can result in a forced partition. Partition of property takes region while there may be joint possession of or greater individuals…
After a divorce in India, a wife may be entitled to certain property rights in her former husband’s estate. When a couple decides to divorce, it is a very difficult and stressful moment for them. Property issues, on the other hand, make things even more complicated. What would happen if the husband and wife were…
INTRODUCTION A company’s dissolution is the final stage of its existence. It is the process by which the company is terminated, i.e. the process by which its corporate existence ends and it is finally dissolved. A company can be wound up by a National Company Law Tribunal (“Tribunal”) or by voluntary winding up, according to…
Many people still don’t have an idea about how to rent the property and what amendments have been made, its benefits, and its importance in this particular situation. What are the legislations that have been enacted in order to solve the dispute between tenant-landlord through filing civil litigation in case of the breach or for…
GIFT DEED A Gift Deed is a legal document that represents a transfer of gift from one person to another as per the provisions of the law. Gift Deed is a legally binding written document defined in Section 122 of the Transfer of Property Act, 1822, through which the donor can transfer an existing movable or…
A trust is an arrangement by which the property of the author of the trust or settlor is transferred to another, the trustee, for the benefit of a third person, the beneficiary. In general terms, trusts fall into one of two categories, private trusts and public trusts. The India Trusts Act, 1882 (act) governs private…
The concept of Mortgage by deposit of title deeds is unique and seemingly simple as compared to the other kinds. Here, the debtor just delivers to the creditor the documents i.e., the title-deeds of immovable property with intent to create a security. Mortgage was a well-established mode for taking a loan since ancient times. In…
Land Award means that portion of the award in condemnation proceedings which represents the value of the land and of any subsurface installations of sanitary sewers, storm sewers, water systems pipes, landscaping, and the curbing, surfacing and other improvements to any streets or ways which may be taken, the consequential damages to any part of the…
