Generally Encumbrance means monetary and legal liabilities associated with it. Certificate of Encumbrance acts as a proof of legal ownership of a property. Encumbrance Certificate tells the transactions of records of a property and explains whether they had any claims. If a property has no legal claims against its title, then a property owner receives a non encumbrance certificate. Generally, banks also demand for encumbrance certificate if you apply for a home loan. Now we know better why do we need it. You can see the format of Encumbrance certificate containing seven fields. We will be discussing each of them in detail.
Read moreProperty management is a third-party contractor's daily control of the residential, commercial, or industrial real estate. Property managers are often in charge of day-to-day repairs and continuing maintenance, security, and upkeep of buildings. They typically work with investors who own apartment and condominium complexes, private home communities, shopping malls, and industrial parks.
Read moreEven though you have been outside India throughout recent years and picked up the status of 'Non-Resident Indian,' a couple of you would, in any case, have plans to return to India and consume your retirement time on earth here, reviewing your adolescence. As a component of satisfying this fantasy, you might need to put resources into Indian land.
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