property rights

How to obtain a Real estate license in India

How to obtain a Real estate license in India: Step-by-step

Real estate is one of the growing sectors in the world. In India, it is the second most growing industry. According to a survey by the ministry of housing and urban, there is a high chance of real estate in 2030 reaching a market of 1 trillion USD. Apart from this, it is the second growing sector, after agriculture in India. 7-8 present growth of GDP (Gross Domestic Product) in India due to real estate. In this article, we are going to study, what is real estate and how to get a license for real estate from an Indian perspective.

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The doctrine of Election under the Transfer of Property Act

The doctrine of Election under the Transfer of Property Act

The doctrine of election is a legal clause in the Transfer of Property Act that prohibits a person from exercising a right that they otherwise would have. The doctrine of election has a very wide scope. Equity-based principles serve as the foundation for the doctrine of election. It is applicable to all types of property, whether movable or immovable, and to all types of legal documents, including wills and deeds. A person cannot opt to accept only the parts of a deal or instrument that are advantageous to him and reject the others. Let’s now talk about the doctrine of election as it is mentioned in Section 35 of the Transfer of Property Act, using some relevant examples and significant precedents.

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The doctrine of Fraudulent Transfer under the Transfer of Property Act, 1882

The Doctrine of Fraudulent Transfer under the ToPA, 1882

The idea of the Exchange of Property Act, 1882’s sec. 53, talks about the Teaching of False Exchange. It expresses that each exchange of property, which is steadfast under the appropriate segment of the Exchange of Property Act, 1882, which is finished fully intent on deferring or overcoming the lenders [or individuals to whom the transferor owes some sort of risk that is monetary in nature] of the postponed or crushed banks, who will be the bothered party, Ruler Guardian on account of Partridge v Gopp, have the decision to consider the exchange void or not. This implies that even while the exchange is real according to the point of view of the law, the choice to keep away from it or not depends on the bank. The official objective in such a game plan is to give the party that has endured or whose interest has been affected by a decision. This article attempts to analyse the doctrine of fraudulent transfer under the TOPA, 1882.

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