A no objection certificate or NOC is a very important document that establishes the legality of a particular transaction. INTRODUCTION What is a No Objection Certificate? A No Objection Certificate (NOC) is a document granting consent for the purchase or construction of property to a person or a company. Applicants must get a No Objection…
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…
Step By Step, Place Became Property, Property Became A Mortgage, And Mortgages Became Derivative Investments. INTRODUCTION What Is a Mortgage? A mortgage, as per section 58 of the Transfer of Property Act, is a sort of loan used to buy or keep up a house, land, or other pieces of real estate. The borrower agrees to…
Freedom and Property Rights are inseparable. You can’t have one without the other. -George Washington INTRODUCTION What is an easement? The concept of the easement has been defined under Section 4 of The Indian Easements Act, 1882. According to the provisions of Section 4, easement or easement agreement is a term that describes a situation in which one party…
A certificate does not make you certified. Attitude, performance, commitment to self and team – these and a certificate make you certified. INTRODUCTION After a housing project has been completed in accordance with a building plan that has been approved, it is granted a completion certificate, which is a legal document. Any housing project that…
Buying a house in India is one of the most significant financial decision that one can make. For many individuals, owning a new home is a dream come true. People save money their entire lives in order to buy the house of their dreams. For many people, buying their first house symbolizes financial freedom and…
We hear expressions like leasing out stores, purchasing real estate, renting out an apartment to a tenant, mortgaging land for the purpose of lending loan, and so on all the time. This shows the numerous ways in which transactions revolve around the land. Individuals/companies/government entities may engage in transactions of purchasing or selling land and…
The registration of immovable property sale and purchase paperwork is required and enables the preservation of evidence, the avoidance of fraud, and the assurance of title. After a buyer purchases a property, the legal transfer of ownership occurs only when the immovable asset is registered in the government’s records in his name. Because the buyer…
Raghunandan Swarup Pathak renowned as a meticulous Judge, he inspired Loyalty in those who work for and alongside him. The breadth and depth of his legal knowledge was allied to a modest humanity that enabled him to understand the people who came before him as effectively as he grasped the application of relevant law. Raghunandan…
