A power of attorney is a legally binding document that authorizes one person to act on behalf of another. The individual who receives the authority is referred to as the agent or attorney. The principal is the person who is named in the power of attorney. The agent may have wide or restricted legal authority …
A relinquishment deed is a legal document in which a legal heir surrenders or transfers his legal rights in inherited parental property to another legal heir, such as his mother, son, daughter, brother, sister, and so on. Relinquishment Deed The phrase relinquishment refers to one co-owner renouncing and surrendering their rights, title, and interest in …
A sale deed is a significant legal document that confirms the transfer of property ownership from the seller to the buyer and serves as proof of ownership. Once it is signed the terms and conditions of sale have been agreed upon. This instrument transfers property rights and must be verified for encumbrance. Sale Deed A …
A lease deed is an agreement or contract between the property owner (the landlord), often known as the lessor, and the tenant or lessee. This contract will include all of the terms and restrictions that must be fulfilled while the property is being rented out to that renter. These terms and conditions include the yearly …
A gift deed, like a sale deed, provides information about the property, the giver, and the donee. The gift deed is unrelated to financial transactions because it merely transfers ownership to the recipient. To enforce a gift deed in court, it must first be registered. Legal Provisions Individuals must file gift deeds with the sub-registrar, …
A Commercial Lease Agreement is a contract entered into between the property owner or landlord and the tenant or lessee. This legally enforceable treaty indicates that the renter has relinquished occupancy of a piece of commercial real estate for a set amount of time only for business purposes. A business leasing agreement differs significantly from …
Wills in India are eligible for registration under the Registration Act of 1908. This act requires that Wills be presented for the relevant registering body document registration. Contrary to popular misconception, Will registration is not required under the Indian Succession Act, but it does provide various benefits, making it a wise step in protecting your …
Throughout the litigation process, professionals must collect and submit all facts that may assist a case in reaching a successful conclusion. Legal Document review is the process by which attorneys and paralegals determine which papers to submit to a court. Implementing an effective, comprehensive review process can assist you in reducing risks, organizing evidence, and …
A property report, also known as a Homebuyer’s Report or Building Survey, is a detailed document that offers extensive information about the state of a home. It is intended to assist potential buyers in identifying any difficulties, defects, or potential concerns with the property before finalizing the acquisition. Highly qualified and experienced lawyers thoroughly evaluate …
A significant piece of legislation that regulates the use and enforcement of negotiable instruments in India, notably promissory notes, bills of exchange, and cheques, is the Negotiable Instruments Act of 1881. The Act’s provision for summary trials for matters involving bounced cheques is one of its most significant features. A summary trial preserves the rights of all …
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