Property Tax is a tax paid by the owner of the property. The owner can be an individual or any corporation. The local government calculates property tax on the market value of the property owned. The rate of tax also varies with the jurisdiction. On transferring the property/ownership to another person, the name on property […]

When a landowner rents out residential house property, police verification of the tenant is mandatory. It is done to check if there is any criminal record of the tenant or not. In Gurgaon, police verification of tenants can be done either offline or online. Both the processes are given below. OFFLINE PROCESS STEP 1: Collect […]

With the booming IT industry and ever-increasing commercial activities, Chennai has been experiencing a huge demand for rental house properties. As people move here from different parts of the country as well as from other countries, they look for a property which is safe and affordable. This raises a concern for the landowners while letting […]

In metropolitan cities like Pune, Ahmedabad, and Bangalore, there is an increase in tenant culture. Pune, being the second-largest city in Maharashtra, is a corporate and education hub. People generally look for rental accommodation that is safe, budget-friendly, and close to the workplace. So, before renting out a property, Police Verification of Tenants in Pune […]

Stamp Duty is the tax amount that is paid to the government for the execution of various sorts of papers or documents relating to some form of financial exchange, transaction, or commitment. Stamp Duty on rent agreement creates a legal relationship between the tenant and the landlord to govern the tenancy period. It is payable […]