Square Feet Legal Services Private Limited

Square Feet Legal Services Private Limited Square Feet Legal Services is a company which provides Property Legal Advisory Services, Title Verification, etc for NRI's, Individuals, Builders, etc.

Title Verification and Documentation being the most important aspect for prospective property buyers and sellers, we at Square Feet Legal provide legal documentation and legal advisory services for different types of properties namely; residential, commercial, agricultural and industrial properties. Our legal advisers are very efficient and specialize mainly in property documentation and property

law services which make our services commendable, accurate and highly accepted in the market. We not only provide our services to local clients but also to NRI Clients.

27/01/2016

The investigation of title is a step as towards entering into an Agreement of Sale.
An agreement of sale has three main steps preceding the completion of a transaction of sale they are: – (1) Settlement of the terms of the deal between the parties particularly relating to the consideration & the property to be transferred, (2) Preparation and ex*****on of the agreement & (3) Investigation of title of the transfer of property.

01/01/2016
16/10/2015

Some precautions to be taken before buying a property.

http://registration.ap.gov.in/CitizenServices/FAQS/PropertyPurchase_FAQ.pdf 

08/10/2015

What is Ancestral Property?

Property inherited up to 4 generations of male lineage (i.e., father, grand father, etc.) is referred to as Ancestral Property. The right to a share in such a property accrues by birth itself, unlike other forms of inheritance, where inheritance opens only on the death of the owner. The rights in ancestral properties are determined per stripes and not per capita. This means that the share of each generation is first determined and the successive generations in turn sub-divide what has been inherited by their respective predecessor.

09/09/2015

TITLE INVESTIGATION is conducted in order to:-

• ensure that the seller to buyer chain of title is intact from document to document for at least 30 years[desirable] preceding the latest document;
• ensure if the owner of the property is dead, his death certificate and legal heir-ship certificate are available and the heirs are properly included so as to convey effective title to the purchaser;
• check if inheritance laws are duly observed;
• ensure if the property is being sold through a power of attorney agent, the instrument is valid and properly conveys the authority to convey the land and receive sale consideration etc;.
• in case the seller is a firm, all partners have consented to such sale and are parties to the said deed of sale;
• in case of a company property being sold, a Board Resolution to sell the property should be available.
• verify the applicability of local laws;
• verify if agricultural land being converted into residential or industrial land has necessary approvals from the government;
• check and report if the title has been obtained by acquiring or purchase, or gift or through court auction or through a court judgment, or through occupation over prescribed period under law of limitation, adverse possession;
• check if minor’s interest is concerned and if so, if proper permission from court is obtained to sell minor property;
• ensure that the documents are properly drafted to convey the title from the seller to the purchaser;
• ensure that the said document is properly registered at the Registrar Office concerned and appropriate stamp duty is affixed;

Address

No. 11/6, First Floor, Bowring Hospital Road
Bangalore
560001

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