Section 3 of the Transfer of Property Act of 1882 specifies what constitutes an actionable claim. A claim to any debt, other than a debt secured by a mortgage of immovable property or by the hypothecation or pledge of moveable property, or to any beneficial interest in moveable property not in the claimant’s possession, either…
The police officer has the authority to seize certain property under Section 102 of the Code of Criminal Procedure, although it is not specifically stated that they may do so without a court warrant. Any property that is allegedly stolen, suspected to have been stolen, or that is discovered in circumstances that raise suspicions of…
What is a Mortgage? A mortgage is defined as the transfer of an interest in a specific piece of real estate for the purpose of guaranteeing the repayment of funds advanced or to be advanced as a loan, the payment of an existing or future debt, or the performance of an agreement that may result…
What is a sale deed? The sale deed is the primary legal instrument through which the seller gives the buyer or purchaser complete possession of the property in exchange for payment of a price or other consideration. To acquire unrestricted rights in a piece of property, a sale deed becomes a necessary legal document that…
Introduction In India, the Transfer of Property Act, 1882[1] deals with the laws relating to the transfer of properties. However, this act does not incorporate all types of properties, or all types of transfers neither does it include all the rules regarding the different modes of transfer. Hence, the Transfer of Property Act, 1882 is…
PROPERTY In a general, sense, property is any physical or virtual entity that is owned by an individual or jointly by a group of individuals. Any tangible or intangible thing that is owned by a single person, a group of people, or both is considered property. The property right is belonging to the owner. Property…
INTRODUCTION POWER OF ATTORNEY Section 1(A) of Powers of Attorney Act 1882 says,“power-of-attorney” specifies any instrument authorising a specified person to act for and in the name of the person executing it.An official instrument known as a power of attorney enables one individual to act on behalf of another. While the principle is the object…
Introduction A ‘Consumer’ is an individual who buys goods and services for personal consumption in contradiction to manufacturers who produces the goods and services for profit earning. The Consumer protection Act, 2019 defines “consumer” as a person who buys any goods and hires or avails of any service for consideration but does not include a…
Land acquisition is a process by which the government (state or union) can acquire private land for various purposes. In return, the government pays suitable compensation to the land owner and would be responsible for the rehabilitation and resettlement of the affected land owners. What is the 2013 Land Acquisition Act? The entire land purchase process…
Every time a person makes an investment in immovable property, a builder and a buyer sign a builder-buyer agreement. This Agreement specifies the time frame within which the buyer must receive the property or other possession. Delivery by the buyer is delayed when the builder does not transfer or deliver possession to the buyer within…
