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Ways to Avoid Common Property Disputes

Property questioned for the most part frames a tremendous lump of cases that square our legal framework. More than 66% of the considerable number of cases are identified with the property prosecutions. There are different sorts of a property debate. for more info @ http://www.favista.com/blog/2017/11/29/ways-to-avoid-common-property-disputes/

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Ways to Avoid Common Property Disputes

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  1. O^^€ Q Menu ▼ WAYS TO AVOID COMMON PROPERTY DISPUTES Ways to Avoid Common Property Disputes © November 29, 2017 fr Real Estate # Common Property Disputes, property blog, property website blog, real estate, Real estate blog, real estate property blog, real estate property website blog,real estate website blog A Srishti Chandola lh Like 0 Property disputed generally forms a huge chunk of cases that block our judicial system. Over 66% of all the cases are related to the property litigations. There are various types of a property dispute. Mostly, the disputes relate to the title of the immovable property. Saving simply that one person has good title over properties basically implies that people like these have the right to enjoy rights or the interests in property, use, possession, income by way of the rent, etc. You certainly have to prove the title of the properties through suitable documentary evidence. The dispute those are pertaining to a property at times arise via claims from co-owners, legal heirs, wrong representation by seller disputes over easement rights, improper details of the property in title dead, etc. also, dispute may arise when party to transaction, after getting earnest money or the advance money which refuses his assigned part of contract as well as approaches other buyers as well as takes the consideration from him. In this particular matter, the older purchaser can come up to the court and contest the property title. There can be various other disputes pertaining to the delays in possession delivery of apartments by developers to buyers. Another common dispute comes when the property is taken either under a will or through a gift. In such cases, some people may contend that process of transferring property via gift or a will is not valid in eyes of law. With a lot of respect to inherited property, differences and disputes do arise at times especially when the buyer buys any such inherited property without even the knowledge that it is actually an inherited property. Any inherited property may be subject to some conditions of will, validity, succession certificate or letters of administration. How disputes to be avoided and minimize the involved risk Title search Before buying a property, conduct a complete verification and perusal of the title documents of property for minimum 30 years. The property verification and title search

  2. are conducted by either an advocate or a reputed title investigator. Another way to make sure if the property is legally clear is to see if it is approved by any of the leading banks. Only the banks will approve the properties which have some legal clearances as well as valid documents. Also, make sure that the property is not mortgaged. Sanctioned plans You must ask your builder or developer for a sanctioned plan and compare it with the actual built-up area. Doing this is important as many times, the plan that is sanctioned is not similar to the built-up area and such construction amounts to the illegal construction. Inheritance When investing in any inherited property, make sure that the name of the beneficiary is actually mutated in the pertinent government or the records of revenue which depends upon the property’s nature. Make sure that all such properties are transferred with requisite proof of the inheritance, for instance, a probate or will or succession certificate, letter of administration or by mutual understanding. In case, there is no will, make sure that property was distributed according to the applicable succession laws. Municipal approvals Make sure that your house plan has all the required approvals that are needed from varied departments of the municipal corporation. Ensure that any licenses that are required have obtained from appropriated departments. Sale deed dates Make sure that the date of the stamp papers would match with date of transfer of the title documents. Any property would require all these clearances to avoid any property disputes. ^ How to Make the most of the Small Balconies Leave a Reply Your email address will not be published. Required fields are marked * Comment Name * Email * Website Post Comment

  3. Subscribe to our newsletter Want to be notified when our article is published? Enter your email address and name below to be the first to know. Send Facebook Favista Real n Estate Pvt Ltd 21 hours ago ■4 2 P Comment *+ Share Favista Real n Estate Pvt Ltd on Sunday #Gst Revenue-neutral in #RealEstate? Twitter Timeline Tweets by @FavistaRealty Recent Blogs Ways to Avoid Common Property Disputes November 29, 2017 How to Make the most of the Small BalconiesNovember 28, 2017 Is GST Revenue-neutral in Real Estate?November 27, 2017 How to Maintain Wooden Flooring November 23, 2017 Rules for Filing Tax are Similar for Residents and Non-residentsNovember 22, 2017 Favista is a Real Estate Advisory Firm based in Gurgaon, India. Favista believes in making every property transaction experience simple and successful. The aim is to bring transparency, professionalism and simplicity to the complex world of real estate. Favista takes pride in keeping the needs and concerns of the customers in highest regards. Favista Real Estate has been founded by IIT + IIM/INSEAD alumni with experience in strategy consulting, internet marketing, venture capital having been part of companies such as McKinsey, Capital One, PartyGaming and SSG Capital. Favista is a full service brokerage helping buyers/investors buy, sell, rent or lease property in India. Favista offers best realty advice for Apartments and Flats for sale in India,

  4. land/plots for sale, New Residential & Commercial Projects in India and also assists selling properties at best rates. Favista.com is the only Property Site in India that lists 100% verified properties. Favista currently operates in Gurgaon, Delhi-NCR, Noida, Mumbai and Bangalore.Those intending to sell property in India will also find this website very useful owing to the extensive reach, high brand recall and trustworthiness in the real estate space. In order to make our customers happy and for us to reach our goals, we follow the key tenets of transparency and consistently maintain integrity in everything that we do. With this professional attitude, we are set to become your preferred choice for all real estate services in India. ABOUT About UsOur TeamCareerContact UsTerms Privacy PolicyDisclaimerSite Map QUICK LINKS Post Property FREEEMI CalculatorBlogs Compare ProjectsDownload Mobile APPSale PropertyRent Property CONTACT FAVISTA Toll Free - 1800 2121 000 (ALL INDIA) Gu rgaon - +91-124-3378700 Noida - +91-120-4117463 Mumbai - +91-22-40142051 Email Sales - sales@favista.comEmail Enquiry -info@favista.com 9Unit 235 to 240 2nd Floor, Vipul Trade Center,Sohna Road Sector 48, Gurgaon, Haryana 122002. 1 Square meter = 10.764 Square feet Have More Questions? Do not hesitate to contact us! Read our FAQ's or Leave a feedback for us to contact you shortly. © 2015 Favista Real Estate Pvt. Ltd., All Rights Reserved.

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