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Non-Occupancy Charges: A Guide for Property Owners and Tenants
Owning a property in a housing society comes with its own set of rules and regulations. One such concept that can be confusing for homeowners is non-occupancy charges. These are fees levied by the society when the owner doesn't reside in the property but rents it out to tenants. Let's del
Written by Kruthi
Published on
The House Construction Agreement: The Key to a Successful Dream Project
Constructing a new home is a sizable financial commitment that calls for meticulous preplanning and coordination and a rock-solid legal basis. Therefore, it is essential to have a house construction agreement carefully drafted to safeguard the interests of both the homeowner and the contr
Written by Vivek Mishra
Published on
A Comprehensive Guide to Karnataka Rent Control Laws and Tenant Rights
Are you renting a house in Karnataka? Discover the key to understanding the Karnataka rent control laws and tenant rights. Find out why you should read this blog to navigate the legal landscape, learn about your rights, and make informed decisions. Dive in and gain valuable insights!
Written by Siri Hegde K
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Everything You Need to Know About Indemnity Bond
An indemnity bond serves as security, guaranteeing compensation in the event of a personal loss or default on a loan payment. It protects the bondholder and ensures the fulfilment of contractual obligations. If the principal fails to meet the agreement, they must settle the bonded amount,
Written by Kruthi
Published on
What are Society Transfer Charges as per the Housing Act and Rules in 2025?
Society transfer charges are at the forefront for property transactions within cooperative housing societies in Maharashtra, following the government's 1% hike in stamp tax on sales, gifts, and transfers. These charges, levied for the transfer of shares and apartment rights, add to the fi
Written by Vivek Mishra
Published on
Movable and Immovable Property: Understanding Legal Distinctions
Movable and immovable property ownership carries profound significance, evoking honour and belonging. Registering property in one's name fulfils a dream. Property encompasses items or places under legal ownership, ranging from sizable and immovable real estate like apartments to compact a
Written by Vivek Mishra
Published on
Supreme Court Verdict on Society Maintenance Charges
Maintenance charges are the operating charges levied on residents of a housing society. The residents or owners of a particular property in an area are charged for the maintenance of a commonly owned property area. It is collected periodically i.e., monthly, semi-annually, or annually dep
Written by Vivek Mishra
Published on
Rental Agreement Bond Papers: Sample, Assistance & more!
Rental transactions are a fundamental aspect of the real estate world, and the paperwork involved can sometimes seem overwhelming. One crucial document that plays a significant role in rental agreements is the rental agreement bond paper. In this comprehensive guide, we will explore the i
Written by Manu Mausam
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