RCIC-Property Law Firm in Delhi
RCIC-Property Law Firm in Delhi & best lawyer for property in south Delhi, Real estate and property issues are complex and can be difficult to navigate. People are under the myth that property matters are quite standardized and the standard contracts can be used after amending a few clauses. But they fail to realize that this might lead to a dispute later. Sometimes, the real estate agent does not have the adequate knowledge to deal with the legal aspects. In such cases, our firm comes to the rescue.
Our experts at RCIC, a property law firm in Delhi advise its clients on all property-related matters including sale and purchase pf property, mortgaging of property, gifting of property, drafting and execution of conveyancing deeds, etc.
Technicalities Addressed by RCIC:
Property and real estate issues involve many technicalities that are addressed by our expert lawyers in Delhi. These include-
- Due diligence
- Providing services with respect to registration of real estate properties (gift, joint family property, self-acquired property, etc) at Sub-Registrar offices.
- Services provided with respect to obtaining approvals/permission/licenses from authorities concerned.
- Conveyancing, drafting, vetting and interpretation of several kinds of agreements/ contracts such as collaboration, consortium, sale deed, joint venture, lease deed, agreement, General Power of Attorney, Special power of attorney and other legal documents.
- Verifying and perusing title deeds, conducting title search and investigation of title properties
- Dealing with alienation of property, creating life interests, Creating covenants
- Taking care of legal aspects of several kinds of loans such as housing loan, loan against property, mortgaging, project approval and other several other natures of mortgage.
- Consulting our clients on legal aspects while acquiring, disposing, mortgaging and exchanging properties.
- Consulting on the creation and operation of public and private funds investing in real estate.
- Consulting in risk assessments and managements, various environmental laws, obtaining permissions and approvals from the authorities
- Conducting EIA
Some FAQs on Property Laws
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What does inheritance mean?
Inheritance means the devolution of a property to a relative after the death of its owner. A person can inherit a property in two ways-
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- Through a will (testamentary succession) If a person dies after making a will, then his property is distributed as per the dictates of the will. The person who has made the will is known as a testator and the person in whose favour the will is made is known as the legatee.
- Through laws of intestate succession- If the owner of the property dies without making a will, then his property is distributed as per the laws of intestate succession.
Both the ancestral property and the self-acquired property can be inherited after the death of the owner. Personal laws like Hindu Succession Act,1956, the Muslim Personal Laws (Shariat) Application Act, etc and also Indian Succession Act, 1925 is applicable on inheritance. Our experts at RCIC, a property law firm in Delhi, can assist you in issues related to succession, whether it involves contesting a succession or attaining your property. We can also help in drafting of will and mutation of property.
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What is intestate succession?
Succession to the property of a person who has dies without leaving a valid will is known as intestate succession. The assets are devolved in this case as per the personal laws (laws based on religion) of the deceased. Even in a case where the will made by a person is lost or if only half of the property is transferred through a will, then the rest of the property is transferred as per this law.
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What are the laws applicable on Hindus for intestate succession?
For the application of Hindu Personal law, Hindus include Sikhs, Jains and Buddhists. The law applicable on Hindus is the Hindu Succession Act, 1956. The devolution takes place in the following manner- best lawyer for property in south Delhi
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Males-
There are 4 classes of legal heirs for devolution of classes. First, the individuals in the 1st class are considered. If there is no one in the 1st class, then the property is devolved to the subsequent classes.
Class 1 relatives
Includes -wife, son/daughter, mother, son/daughter of predeceased son/ daughter, widow of the predeceased son and few other such relatives. The property would be distributed in equal share to widow, mother and each of the children. If in any case the child has predeceased the father, his spouse and children will collectively get his / her share. Example, Ajay has died. In his family, the members that now exist include- B- his wife; C his mother; D his daughter, F his younger son and E his middle son. G, his middle son had passed away a few years ago and he left behind his wife G-1, and two children G-2 and G 3.
So, now in this case the property will be divided into 6 equal parts among all the family members that exist after the death of Ajay. Wife and children of the predeceased son will also get 1share each.
Class II relatives
If no relative exists among the Class I heir, then the property is devolved upon Class II heirs. The relatives under this class are put in a sequence, such that the relative named first will get the property. The relatives include father, brother and sister and so on. So, in this case if there is no relative in Class I and father of the deceased exists, then he will get the full property. If the father predeceased his deceased son, then the brothers and sisters will get the property and so on. the best lawyer for property in south Delhi
Agnates and Cognates
If class I and II relatives are not present, then the property devolves upon agnates and cognates i.e., the distant relatives.
Female
Class I relatives include Husband, sons and daughters, including children of predeceased son/daughter. If Class I relatives are not there, then the estate shall devolve upon the heirs of the husband. If there are no heirs of the husband also, then the property will devolve upon the mother and father of the deceased, if alive.
Similarly, in other religions too the property is devolved upon relatives. RCIC, is leading law firm in Delhi, can assist you in the transfer of property through succession. Succession laws can be quite complex for a layman to understand and hence, these issues involve the guidance of expert lawyers. Our lawyers can help you understand the law and also evaluate your share in the property.
Our Past Experience as Property Lawyer in Delhi involves dealing with the following matters-
- Acquisitions and divestment of industrial buildings, commercial buildings, hotels, and resorts
- Adverse Possession
- Cost-sharing agreements
- Commercial and retail leasing
- Conveyancing
- Disputes regarding sale of property
- Land Leases
- Leaseback Contracts
- Licensing
- Matrimonial property
- Mortgage of Property
- Partition of Property, disputes
- Project management and construction agreements
- Rent Disputes
- Revenue Sharing Contracts
- Succession dispute
- Will/ legality of a will
the best lawyer for property in south Delhi