Executive Summary: A property sale agreement is the binding contract between buyer and seller that sets out the purchase price, payment schedule, possession date and conditions of the transaction. It is signed before the sale deed is registered, and it governs the parties until then. Once signed, each party is legally bound by…
Executive Summary: Property title due diligence is a systematic examination of a property's legal ownership history, identification of hidden encumbrances (mortgages, liens), verification of the ownership chain, and detection of pending litigation or government claims. Before purchasing any property in Tamil Nadu, a thorough title verification protects you from buying a property with…
Executive Summary: A Non-Resident Indian (NRI) may sell residential or commercial property in India freely. Agricultural land, plantation property and farm houses can be sold only to a resident Indian citizen. The sale is governed by the Transfer of Property Act, 1882, the Registration Act, 1908, the Income Tax Act and the Foreign…
