There are certain important documents required for selling property in India. Before purchasing the property, the buyer will examine the documents. Before finalizing the sale, the buyer may insist on checking the original paperwork. Apart from document its is also important to learn about tax on selling property in India. Below is list for NRI […]
The two main forms of contractual arrangements that might exist between the owner (landlord/lessor) of the property, and the person (tenant/lessee) who wants to utilize that property or premise for residential or commercial purposes are – lease or leave and license. What is “Lease” and “License”? The Transfer of Property Act, 1882 defines lease. It […]
What is a Lease deed? A lease deed is a contract/agreement between two or more parties acting like a lessor and lessee for a lease premium also known as rent amount. The lessor in this case is the owner of the property/premises and the lessee is the tenant of the property. A lease deed is […]
When you own your dream house, it is nothing but a feeling of accomplishment. It gives you a sense of happiness and joy to call a house your Home. What better feeling can it be than to have your own asset. But, there comes a situation where you want to take possession of your property […]
Before we understand the process of how to pay property tax, let us first understand Property tax. What is a Property Tax? Property tax is tax paid by the property owner. The state government collects tax through municipal corporations for providing facilities. The government provides facilities like road repair, garbage disposal, and sewage treatment plants. […]
If you are a landlord and planning to rent out residential house property, then one of the most important things is their verification. Police verification of tenants is necessary to avoid any criminal activity. So, police verification of tenants becomes the responsibility of the landowners. Which method is used for Police verification of tenants- Online […]
