Introduction Property tax is defined as a local tax or direct tax paid by the owner of the property to the municipality. The property tax is registered under Greater Chennai Corporation (GCC) in Chennai. GCC is responsible for property taxes...
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Have you ever wondered what happens when you are no more? A Will Deed is an instrument by which one can encompass the directions he or she wishes to be followed at the time of death, with those directions being...
If you are investing in, managing, or constructing a construction project, you are well aware that a great deal is at stake-time, money, and reputation. But sometimes, it also brings to mind the question of who bears the responsibility when...
It is important to understand the type of ownership when buying a property as it can affect your rights, responsibilities, and value of your investment. Normally the property ownership is categorized into leasehold and freehold property. Freehold ownership will give...
When you enter real estate to buy or invest, you will frequently come across the terms leasehold and freehold. These two are different forms of property ownership in India, and it is important to understand the key difference between them...
Purchasing land can be considered an important investment, and when it comes to buying Patta land, there is some specific information that everyone must understand. Patta land can be referred to as land that is legally owned and for which...
If you’re handling legal matters for a loved one or preparing for future situations, understanding how a Power of Attorney (POA) works is crucial. One common question people have is whether a Power of Attorney remains valid after the death...
Are you looking to buy a home using a mortgage? Then get to know its crucial details before proceeding. It includes several legal terms and conditions applicable for both a lender and borrower. A mortgage deed is a legal document...
If you are a tenant wishing to terminate your lease early, a homeowner facing potential issues, or a property manager dealing with lease agreements, understanding deeds of surrender can be particularly advantageous. It makes the ending of the tenancy stress-free...
To understand real estate transactions, one must differentiate between Sale Deeds and Conveyance Deed.Both documents have a big impact on transferring property ownership, but they serve different purposes and have different legal effects. This article will explain what sets these...