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What and how Property Lawyers do their job

What’s real estate law all about? What's it that real estate lawyers do and how do they do it? These are the queries that pop up in one’s mind as one gets initiated in the real estate business and the only way one can get answers to these questions is by seeking advice. Oftentimes even after paying a couple of lakhs of rupees as a down payment on a flat, that is under construction the builder or developer does not start construction work on the plea that due to unforeseen circumstances, the construction work had to be withheld. A few months could very well have elapsed and the work may be pending. At this point, the developer/builder may be asked by the homeowner to clarify matters. Once the seemingly lackadaisical attitude of the developer is noticeable heated arguments may ensue followed by threats of a possible lawsuit by the homebuyer. The threat of a lawsuit is a deterrent for the contractor/builder who may retaliate by waiving off suing rights by signing one of the legal documents. Subsequently, the contractor who was unresponsive and had bolted would take the initiative of contacting the homebuyer. The homebuyer may ask the contractor to share copies of all relevant documents. If there is documentary evidence of waiving off suing rights amongst other rights then, in that case, it gets complicated, someone with little or no experience at all in real estate law ought to refer the case to an expert real-estate lawyer after providing initial legal advice.   Real estate laws, rules, and regulations Through networking, the extent of involvement in these matters is transparent. One may realize how real estate laws, rules, and regulations may affect one's daily lives. It can be intriguing knowing what is it that the real estate lawyers exactly do and more importantly how? The answer partially is - there are real estate law courses that qualify them to practice real estate law. Call 7604047601 for consultation with registered expert property lawyers on Vidhikarya.

Posted By

Avik Chakravorty

5 days ago

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India’s arguably generous maternity law benefits m...

In India, working mothers-to-be are far better-of than most of their peers in the developed world, however, the country’s maternity laws are archaic. A year or two ago, the country passed the Maternity (Amendment) Bill aimed at working women and their right to paid maternity leave from 12 weeks to 26 weeks which is the world’s third-highest. There is a no-win situation nonetheless — the law is meant for companies with a headcount of at least ten employees which is just a minuscule proportion of the working women of India.This limitation in maternity benefits is an upshot of the desire of the elite of India to merely mimic policies that are both purposed and executed in the West, without any sort of fine-tuning suiting Indian conditions. The maternity bill is an exemplary bill – phantom legislation that passes laws that don't have and in all probability will not be as effective as required. Progress or that one is doing something is an illusion, and is given, but the reality is something else. There is an ideological dimension to the law which is a part and parcel of what the Indian elite believes is good, just, and prestigious in communities transcending boundaries.Symbol of progressCanada and Norway are the only two countries, with GDPs per capita of 27 and 47 times higher than India’s, respectively, provide protracted maternity leaves in comparison with India. The moot point, however, isn’t the perception of generosity, but how the law is applied.It was estimated that the vast majority of Indian women shun work. While on the one hand the unorganized sector is comprised of over 80% of women working for companies with an employee headcount of less than ten. On the other hand, the organized sector comprises of 16% women workers, who do informal work, where the maternity law is not applicable.A more realistic assumption would be that a meagre 20% of the females work in the organized sector, then the law is potentially applicable to simply 1.3% of the workforce, or not even 1% of all females.Considering these off-the-cuff calculations, the unanswered question is why would India deplete its invaluable resources on ratifying a law that is applicable to a minuscule section of its growing population.Call 7604047601 for consultation with a registered expert maternity lawyer on Vidhikarya.

Posted By

Avik Chakravorty

1 week ago

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Consult Top Debt and Lending Agreement Lawyers in India

 Shuchei  Agarwal

Shuchei Agarwal

Advocate
Exp
Gautam Buddha Nagar , Uttar Pradesh

Specialization

  • Debt and Lending Agreement
  • Family
  • Domestic Violence
  • Advertising
  • Animal Laws
Total Answers Given : 11
Sourav  Das

Sourav Das

advocate, supreme ccourt
Exp
New Delhi , Delhi

Specialization

  • Debt and Lending Agreement
  • Criminal
  • Aviation
  • Advertising
  • Administrative Law
Total Answers Given : 8
YAKUB ALI  MOHAMMED

YAKUB ALI MOHAMMED

ADVOCATE
Exp
Hyderabad , Telangana

Specialization

  • Debt and Lending Agreement
  • Criminal
  • Civil
  • Divorce
  • Juvenile
Myself Yakub ali done B.com, LLB, LLM Student at ICSI practicing Advocate in Telangana major cities and almost all Courts. My Passion is to To Advice, To Solve, To Encourage, To Motivate, To Inspire Young Minds, And To Create Stress Less Life By Serving The People Globally. View Full Profile
Total Answers Given : 8
KUNAL  SHARMA

KUNAL SHARMA

advocate
Exp
Jaipur , Rajasthan

Specialization

  • Debt and Lending Agreement
  • Cheque Bounce
  • Election Campaign And Political Laws
  • Equipment Finance And Leasing
My Work Experience is 3 Years. I am teacher in a Law faculty, have taught ADG & Judiciary Student. View Full Profile
Total Answers Given : 7
ANSUL  BHUTA

ANSUL BHUTA

ADVOCATE
Exp
Mumbai City , Maharashtra

Specialization

  • Debt and Lending Agreement
  • Commercial
  • Cheque Bounce
  • Arbitration and Mediation
  • Bankruptcy and Debt
I am an Advocate practicing since 2 years in Civil Law. My specialities include Recovery Matters, DRT Matters, 138 Matters, Arbitrations, Family Disputes, NCLT, Corporate Affairs Testamentary, Documentations, etc. I am associated with Bhuta & Associates, Law Firm Mumbai. View Full Profile
Total Answers Given : 7
Chandrashekhar Vithal Jadhav

Chandrashekhar Vithal Jadhav

Advocate & Legal Advisor
Exp
Bangalore , Karnataka

Specialization

  • Debt and Lending Agreement
  • Civil
  • Property
  • Advertising
  • Animal Laws
Total Answers Given : 6
Mohit  Sharma

Mohit Sharma

Advocate
Exp
Una , Himachal Pradesh

Specialization

  • Debt and Lending Agreement
  • Criminal
  • Civil
  • Maternity
  • Police Laws
Total Answers Given : 6
uttam kumar Tibrewal

uttam kumar Tibrewal

Exp
Ranchi , Jharkhand

Specialization

  • Debt and Lending Agreement
  • Landlord and Tenant
  • Power of Attorney
Total Answers Given : 5
 RUSHIL MUKESH  AIYA

RUSHIL MUKESH AIYA

Proprietor
Exp
Mumbai City , Maharashtra

Specialization

  • Debt and Lending Agreement
  • Banking
  • Landlord and Tenant
  • Mergers and Acquisition
  • Power of Attorney
Total Answers Given : 4
Mohd  Abitasham

Mohd Abitasham

LAWYER
Exp
Roorkee , Uttarakhand

Specialization

  • Debt and Lending Agreement
  • Registration
  • Power Of Attorney
  • Sale Of Goods
  • Tax-GST
I am practicing and handling cases independently with a result oriented approach, both professionally and ethically and has now acquired excellent professional experience in providing legal consultancy and advisory services. View Full Profile
Total Answers Given : 4
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  • What is debt and lending agreement law?
  • What are the applicable laws in India on debt and lending agreement?
  • How to prepare a lending agreement?
  • What types of cases are registered in India on debt and lending agreement?

As per Black’s Law Dictionary, Loan refers to a bailment without reward; consisting of the delivery of an article by the owner to another person, to be used by the latter gratuitously, and returned either in specie or in kind. A sum of money confided to another. A loan of money is a contract by which one delivers a sum of money to another, and the latter agrees to return at a future time a sum equivalent to that which he borrowed.

The Banking Regulation Act is the law that governs the sector of banking in India. It consolidates and reasonable amends the laws related to banking. A Banking firm is a firm which transacts the business of banking in India. As per Section 5(b) of the Banking Regulation Act, banking refers to accepting, for the purpose of lending or investment, of deposits of money from the public, repayable on demand or otherwise, and withdrawable, by cheque, draft, order or otherwise.

Every bank is required to keep cash reserve with itself or by way of balance in the current account with RBI or Central/District Co-operative Bank or net balance in all such way, of minimum prescribed % amount of its DTL as of last Friday of fortnight. Bank shall maintain unencumbered approved securities, valued not exceeding the current market price, or an amount which shall not be less than 24% of the total of its demand and time liabilities.

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