how to hire best lawyer for property disputes

Regardless of how cautious a person is, circumstances may arise that force them to seek the services of property dispute lawyers. Here's how property lawyers can help you. There are numerous property dispute cases in India, so it is critical to select the best strata lawyer to assist you in resolving your problem. Choosing a great lawyer can be accomplished by researching to assist you in making an informed decision. Resolving disputes can be time-consuming, so you must select the best lawyer for property disputes. What is a property dispute? A proper...

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Real Estate Law

Guide to MahaRERA Registration

The real estate regulatory authority, also knowns as RERA, is fully responsible for regulating and governing the real estate sectors and their activities. The real estate regulatory authority of respective states and union territories is established by introducing the Real estate (regulation and development) Act, 2016. Real estate regulatory authority works in buyers' interest and protects them from getting exploited by the unfair practices prevalent in the market. RERA legislation regulates the conduct of builders and their agents by getting them reg...

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Real Estate Law

Land Reforms in India – Reforming Land Ownership and Regulation

The term "land reform" relates to transferring land from the wealthy to the poor. Regulation of land ownership, operation, leasing, sale, and inheritance are all part of the land reform agenda. There are significant economic and political justifications for land reforms in an agricultural economy like India. Land reforms in India are a government initiative to assist those living in difficult circumstances. It involves land transfer from those who have surplus land to those who do not have any land, thus benefitting the neediest members of society and e...

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Real Estate Law

Concept of Land: Land Laws in India

The phrase 'Land' refers to and comprises soil, structures, meadows, waterways, marches, minerals, and other natural resources. The land extends indefinitely from the earth's surface to everything that extends upwards (airspace) or downwards (such as minerals found beneath the surface). India's land laws are mainly dealt with under the Transfer of Property Act, 1882. This Act does not define the phrase ‘immovable property'. The properties not included in the definition of immovable property are standing wood, growing timber, or grass. The most si...

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Real Estate Law

A Complete Guide To Residual Value

For a business, selling an asset is a lengthy procedure. Assets depreciate after a given amount of time, and you must dispose of or sell depreciating assets. Fair market value frequently gets used as the basis for determining any item's residual worth. Residual value has a unique position in depreciation calculations and accounting. Residual value is equally important as other elements such as asset cost, depreciable value, and usable life in guaranteeing a legitimate accounting procedure. The residual value of an asset is an estimated amount a firm ca...

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Real Estate Law

Facts to know about a Mortgagor

The term "mortgage" has become quite popular in recent years. Every person is aware that for a loan to be approved, he/she must provide some form of collateral, done by mortgaging his properties with a bank. The mortgagor is the person receiving the loan, whereas the mortgagee is the one who offers the loan. So, if authorised for a loan, the mortgagor should produce a credit application and accept the mortgage terms. The mortgagee is in charge of determining the loan terms, regulating its servicing, and managing the title rights to the property asset. ...

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Real Estate Law

Transfer of Property: Prohibited Properties

As you may be aware, land in India is a state topic. As a result, states have the right to establish laws and regulations governing property ownership and title transfer procedures. States also inform particular land areas that remain state property despite being given to the general public on a leasehold basis. Section 22A of the Indian Registration Act, 1908 governs properties on the forbidden property list in India. In Telangana, for example, barren government lands, waqf, and endowment are frequently listed on the restricted property list. Followi...

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Real Estate Law

Leasing- A complete guide to rent out your property

Leasing is a generic phrase used when negotiating the land or property. Hence, when individuals decide to rent out their flat or property, they could choose leasing. Interestingly, people would miss out on minor details of a lease agreement, causing a commotion. It is prudent for both a tenant and a landlord to be aware of their rights and liabilities to avoid stumbling blocks and enjoy a smooth transition in which a landlord safeguards his priorities. A tenant enjoys the property he rented. Leasing concept Meaning Leasing happens when one person, th...

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Real Estate Law

Everything About Property Law in India

Property law in India has been a source of concern for every government as it affects everyone in society—wealthy or poor. It oversees the connections between members of society about tangible and immaterial objects. Property law in India refers to the ideas, norms, and procedures that govern the resolution of property disputes and the structuring of property transactions. It differs from other laws as it deals with the connections between and among members of a society about items like a factory or diamond ring and intangible things like stocks and b...

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Real Estate Law