LEGAL FAQS

LEGAL FAQ'S What is the difference between lease and leave and licence agreement? I have a flat which I want to sell and buy a new flat which will be bigger in area. What are my tax implications with regard to capital gains? Are any conditions required to be fulfilled if repatriation of sale proceeds is desired? Can foreign citizens of Indian origin acquire or dispose of residential property by way of gift? Can foreign citizens of Indian origin acquire commercial properties in India? Can sale proceeds of such property be remitted out of India? What is the difference between Built-Up Area, Super Built-Up Area and Carpet Area? How ownership of immovable property is acquired by a person? Which are the documents requires to be compulsorily registered? Can a registered will be rectified or changed? Can a will be registered even after death of testator? What is the Stamp duty and Registration fee to register a will? Is the certified copy of a registered will available to any body? How to keep contents of a will confidential ? What is the procedure to obtain the sealed cover containing a will after the death of the depositor? What is the procedure for change of khata of the properties obtained through will? How one can determine direction of his plot? What are other restrictions to purchase agricultural land? What is the purpose of Registration?