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Stamp Duty Over A Property In India

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Overview Possession is not sufficient for physical transfer of property as one also needs legal ownership of the said property. For ownership you need registration. At the time of registration, a person has to pay a government tax called stamp duty levied on property transaction. Stamp duty is a tax collected by the government and […]

Sample Format of a Relinquishment Deed

Sample Format of a Relinquishment Deed ...

When an individual dies intestate, i.e. without leaving a will or testamentary will), the property of that individual is inherited by his/her legal heir. Then it’s up to the heirs as what they want to do with the said property. If the heir’s concluded separation of property, then anyone of the co-owner does not wish […]

Real Estate (Regulation and Development) Act, 2016

Real Estate (Regulation and Development) Act, 2016 ...

Real Estate (Regulation and Development) Act, 2016 (RERA) aims at protecting the home purchasers and also boosts the real estate investments. The Rajya Sabha passed the bill on 10 March 2016. The RERA Act was effective from 1 May 2017 with full provisions. Impact of RERA Act No enforcement or registration of sale deed in […]