|
|
|
|
|
Transfer of Property |
|||||||||||||||||
|
Transfer of property between two living persons in India is mainly governed by the Transfer of Property Act 1882. The Act refers to certain kinds of transfer of property, such as sale of property, lease or renting of property, mortgage of property, gifting property and exchange of property. Apart from these, there are certain other transactions which resemble transfer of property, though they do not actually amount to a “transfer”, such as partition, availing paying guest accommodation, creation of a charge etc. Also closely connected with transfer of property are the concepts of registration and payment of stamp duty and drafting of ‘deeds' . Property transactions generally involve huge amounts of money and so, it is advisable to know the relevant laws and procedures and take proper precautions. If you are not sure about where you stand, don't hesitate to ask us or consult a lawyer. Categories... Sale/Purchase of property Mortgage Gifts Renting/Lease Exchange Release / Relinquishment Other Transactions Registration and Stamp Duty |
|Home | Contact Us | About Us | Feedback |Advertise with Us | |