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IndianPropertyLawyers

Gift and relinquishment deed for transferring the ownership of property.

Gift and Relinquishment deed for transfer of Immovable property

Of the various methods for transfer of ownership rights in a property “Gift” and “Relinquishment” are two such methods. Both the aforesaid terms serve the same purpose of transfer of property, have similar implications, but the circumstances in which these are executed are different. Gift of immovable property Gift is defined under section 122 of […]

CommonFloor Editorial Team

Tips for partition of HUF property

Partition of HUF property

In the previous article, we discussed What are the rights over property of female in HUF? In this article, we will discuss about the Partition of HUF property under Hindu law. The Hindu Law defines the HUF (Hindu Undivided Family or Joint Hindu Family) as a family, which consists of males lineally descended from a […]

CommonFloor Editorial Team

Stridhan property-Dowry law in India

Meaning of the word is absolutely clear. “Stridhan” denotes the sole and exclusive property of a woman which is earned, acquired, obtained and possessed by her in a lawful manner. This includes movable and immovable property. A woman is totally free to use, enjoy and deal with her stridhan in the way she likes without […]

CommonFloor Editorial Team

Essential terms of purchase and sale contracts for immovable property-Part 2

The “transfer of property” means an act by which a living person conveys property, in present or in future, to one or more other living persons. The instrument of sale perfected by execution and registration Deed of Sale. Sale By Section 54 of the Transfer of Property Act 1882, is complete transfer of ownership, no […]

CommonFloor Editorial Team

Essential terms of purchase and sale contracts for immovable property-Part 1

The transactions involving sale or purchase of immovable properties need to be handled with utmost care, transparency, honesty and dignity. If these are followed, a lot of heartache and drainage of investment can be avoided. However a common citizen may not be aware of the legal stipulations or obligations while transacting in immovable property. Section […]

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