Scrutiny of Title Deeds

Scrutiny of Title Deeds Initial steps towards property purchase:- Scrutiny of title deeds of the property is the first and foremost exercise the purchaser’s advocate has to undertake before entering into an agreement with the seller. A clean and marketable title, free from all doubts and encumbrances vested with physical possession, is very important. More...

by admin | Published 8 years ago
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By admin On Wednesday, September 2nd, 2009
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Will and the Common Man

WILL Will and the Common Man By Advocate Vinod Sampat Mr. X was disappointed. He had counted on funds received from sale of his properties to help him finance after his retirement and to give reasonable amounts More...

By admin On Wednesday, September 2nd, 2009
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Is Probate Compulsory?

A probate for a will is required to be obtained only under circumstances mentioned in Section 213 of Indian Succession Act, 1925. Section 213 is reproduced for ready reference:- “Section 213 : Right as executor More...

By admin On Monday, August 24th, 2009
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Maharashtra Apartment Ownership Act paves the way for condos

Maharashtra Apartment Ownership Act paves the way for condos By Mahabaleshwar N. Morje Q. What is the object and purpose of Maharashtra Apartment Ownership Act, 1970? Ans. This Acts provides for the ownership of More...

By admin On Monday, August 24th, 2009
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Property Rights with Hindu Succession Act

Property Rights with Hindu Succession Act By A. T. Bureau The Hindu Succession Act 1956, is the most important enactment to regulate the property rights in Hindu religion. The Act came into force on 17th June, 1956. More...

By admin On Monday, August 24th, 2009
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Guidelines on how to manage your estate through wills and probate

Guidelines on how to manage your estate through wills and probate Introduction King Lear of William Shakespeare’s play decided to gift his properties to his three daughters during his lifetime on condition that More...

By admin On Monday, August 24th, 2009
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Exchnage of Properties

Exchange of Property By Vinod Sampat, Advocate Article 32 of the Bombay Stamp Act is applicable in case of Exchange of Properties. The term Exchange of Property has not been defined under the Bombay Stamp Act. Sec.118 More...

By admin On Monday, August 24th, 2009
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Maharashtra Ownership Flats Act, 1963

Article XVI SHORT NOTES ON THE MAHARASHTRA OWNERSHIP FLATS ACT, 1963 (As Modified up to 28th May 1998) BY: SUDHAKAR DOKHANE (Past President PEATA (I) The Act regulates the promotion of construction, sale, More...

By admin On Wednesday, August 12th, 2009
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Securitisation Act in Real Estate

Securitisation Act – By M.V. Kini & Co. Questions are raised as to whether the bank is bound to accept only over due account in the account so that the notice under sec. 13 (2) gets discharged. This is to More...

By admin On Wednesday, August 12th, 2009
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Documentation for Real Estate Transactions

DOCUMENTS & CLEARANCES REQUIRED FOR URBAN PROPERTY TRANSACTIONS : SALE & PURCHASE Posted on 10th July 2002 By: Sudhakar Dokhane (Past President PEATA (I) It is absolutely essential that every person should More...

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