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Showing posts with the label #PropertyLawIndia

🏗️ Hidden Clauses in Builder-Buyer Agreements You Must Know

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Buying a flat or an apartment in Karnataka , whether in Bengaluru, Mangaluru, or Udupi, involves signing a Builder-Buyer Agreement . While it may seem like a routine step, many such agreements contain hidden clauses that can jeopardize your rights as a homebuyer. These clauses, if unchecked, may lead to legal complications , financial losses , and delayed possession . Let’s uncover the most common hidden clauses found in builder-buyer agreements in Karnataka and understand how to protect yourself legally. 📜 What is a Builder-Buyer Agreement? A Builder-Buyer Agreement is a legal contract signed between a developer (builder) and the buyer of a residential unit. It outlines the payment schedule , construction milestones , amenities , possession timelines , and legal remedies . In Karnataka, such agreements are governed by: The Real Estate (Regulation and Development) Act, 2016 ( RERA ) The Indian Contract Act, 1872 Karnataka Real Estate Rules, 2017 ⚠...

Property Disputes in India: Know Your Rights

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Introduction The legal framework governing property disputes in India primarily involves two critical legislations, the Code of Civil Procedure, 1908 (CPC) and the Transfer of Property Act, 1882 (TPA) . While the CPC lays down procedural rules for adjudicating disputes, the TPA provides substantive rights and obligations regarding property transactions. The interplay between these two laws is crucial in determining the outcome of property-related litigation. Property disputes are among the most common forms of litigation in India, ranging from ownership conflicts, fraudulent transactions, and encroachments to issues of inheritance and mortgage rights. Understanding how CPC and TPA interact can help litigants, legal professionals, and property buyers navigate the complexities of property law. Overview of the Code of Civil Procedure (CPC) The CPC is a procedural law that governs the conduct of civil litigation in India. It provides the framework for the initiation, conduct, and resolu...