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Legal

Rights to property after divorce

How Jointly Owned Property Impacted After Divorce

There are many legal and financial obligations involved in buying a home. To share the burden of buying a home, people often opt for joint ownership, with relatives, especially spouses. Many people buy a property with their own money but register it in the name of their wives to benefit from the low property registration […]

Prahalad Singh

Legal Metrology Dept to the rescue of aggrieved Property owners

The Legal Metrology department (LMD) has, for the first time, drafted rules to regulate the construction industry; thereby, it was hopeful of protecting the interests of property buyers from errant builders. The proposed Maharashtra Legal Metrology Rules, 2015, prepared by the LMD has been forwarded to the State and Central governments for approval. The department […]

ranjan.j

Can a property buyer own or occupy terrace of a housing society building?

Owning or occupying the terrace of a  housing society building is unfair and illegal. The builder/developer has no right to sell the terrace. Some developers of co-operative housing societies resort to the unfair practice of selling the rooftop / terrace. It has also come to light that in some housing societies, owners of the flats […]

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 […]

What is a Succession Certificate for Immovable Property?

Succession certificate is a document issued by a competent court (civil) certifying a rightful person to be the successor of a deceased person. This certificate authorizes successor(s) to realize debts and securities of the deceased person. Issuance of succession certificate does not give “right of succession to the claimed property” of a deceased person, because […]

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