Introduction:- Property sold in India is to be acquired by an NRI under the provisions of the Foreign Exchange Act. An NRI may sell their residential or commercial property either to an individual resident in India, to another NRI, or to a person of Indian origin (PIO). If your residential or commercial property is farmland…
Tag: registration of land
Learn About Property Absolute Warranty Clause
Absolute Warranty Clause for Property:- This is one of the silent terms in land registration in which the owner of the property is providing an absolute warranty for the property. An absolute warranty is a term used for providing a full and unconditional guarantee for a particular property. The owner of the property is saying…
3 Ways to Register Your Property in India if You’re an NRI
As an NRI, your estate in India is managed by a legal heir or trustee. This person is responsible for managing your real estate and other assets while you are out of the country. However, what you as the owner actually own is the beneficial interest in the property. To make matters slightly more complicated,…