What is Better–Real Estate or Cryptocurrency?
Two well-known funding choices, real estate, and cryptocurrencies are making ripples in today’s market. It may be difficult to determine which is the better funding option for you in comparison to those possibilities. Both offer benefits and, like all investments, including risk.… Read more
All about the SARFAESI Act
The SARFAESI Act was passed on December 17, 2002, to lay out procedures to enable Indian creditors to recover their debts swiftly. The SARFAESI Act allows banks and other financial institutions to immediately sell residential or commercial properties that have been pledged with them to get better loans from borrowers. Before the passage of this Act, businesses had to resort to civil suits in the courts to recover their debts, which was a lengthy and time-consuming procedure.… Read more
Difference Between Sale Settlement & Agreement of Sale
When buying or selling immovable property, it’s critical to protect your investment with a legal agreement. However, the type of settlement that is reached may also differ depending on how the events are resolved. In general, there are two types of contracts: the settlement of sale, in which the transfer of property is guaranteed at a future date, and the sale deed, which contains an immediate transfer of property rights. As a result, the covenant is created based on the nature of the customer-vendor relationship.… Read more
All About HUF
Hindu Undivided Family (HUF). You can reduce taxes by expanding your family unit and combining assets to form a HUF. HUF collects taxes from its donors one by one. A HUF can be formed by a Hindu family’s circle of relatives. HUFs can also be formed by Buddhists, Jains, and Sikhs. HUF has its PAN and keeps track of its contributors’ tax filings.… Read more
All You Need to Know About Release Deed
A deed of release is a criminal document that cancels a previous claim on an asset. It provides launch documents based on a legally enforceable agreement. When a lender releases the title of real property to the house owner after the loan is paid off, a deed of release is most likely covered. A deed of launch relieves the events of their previous commitments.… Read more
Land Measurement Units in India
While some of the more common size-related items are used all over the world, terms may differ when purchases are made locally inside India. As a result, it’s critical to keep yourself up to speed with the terms, as this has been mentioned as a source of difficulty by several customers. Here are some of the land measuring devices used in India with which you should get familiar.… Read more
Key legal checklist for buying a property
Property investments are high-risk investments, and any blunder involved in the making can cost the buyer a lot of money. As a result, it is critical for a buyer to proceed with caution when reviewing the property documentation. … Read more
How to add a co-owner to a property?
During any time during their lifespan, property owners have the choice of granting co-ownership of their homes, flats, apartments, and landed property. Establishing a co-owner in a property is mainly made to prevent disagreements that may develop during the allocation of the property following the owner’s death, although the reasons for doing so may change in each circumstance.… Read more