Friday, September 17, 2010

For a grounding in property issues

Is gated development hindering town planning? What is ‘close proximity’ in the case of a liquor shop that comes up in your neighbourhood? Can a clinic be permitted in a residential apartment? Will the loss of original deed diminish the property’s value? Can the Electricity Board erect poles in any land without the consent of the owner? When can a private passage be converted into a public street? Do flat owners have equal right to common area? What are to be considered when buying property in spouse’s name?

These are some of the questions that find answers in a new book by C. H. Gopinatha Rao, ‘Case Laws on Flats, Registration and Taxation’ (www.sitaraman.com). The purchase or sale of an immovable property involves many procedures in the areas of legal, technical and taxation, requiring therefore the services of various professionals to complete the transaction in a hassle-free manner, the author notes. To interact with the professionals in a meaningful way, it is desirable to have some background knowledge of the various property-related procedures, he advises.

Full report here Hindu

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