In India, the usage of property has always been bound by property
Laws. By property, one means either personal property
or real property. Property law for real property revolves around
the rights to land. Since ages, the proprietor has owned land
and assumed absolute rights to use it within the prescribed
limits of property laws in India.
In recent times, India has been witnessing a real hype and surge in real estate transactions. There is a more pressing need of knowing the latest on property laws and abiding by them.
Importance
The importance of property laws is that they define the essence of human relations governance. Real Property Law in India governs varied interests and relationships forged as a result of real estate transactions of the property owner with the new owner and the community, between landlord and tenant and through transfer of interests of real property and real property financing through deeds and mortgages.
Some Acts like the Transfer of Property Act, 1882, though of
British Indian vintage, govern property transactions in India
and is a substantive statute.
Real Estate transactions can be performed in the following areas:
- Sale - Purchase
- Rent/ Lease / License
- Mortgage
- Gift
- Exchange
- Will
One of our objectives at IndianRealty Laws is to provide structured and comprehensive legal information to cater to all the legal needs of different user groups interested in real property. In this endeavor, we have organized our skills and expertise to provide reliable legal information on Property laws in India.
We aim to provide you access to available law resources
as well as legal help in resolving disputes,
drafting legal forms and guiding you throughout
the transaction.
Related Acts