Legal Drafting & Registration
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Agreement
Agreement is a mutual understanding or contract between two or more parties outlining their rights, duties, and obligations for a specific purpose. It becomes legally enforceable when made with free consent, lawful consideration, and lawful object as per the Indian Contract Act, 1872.
Deed of Assignment
Deed of Assignment is a legal document used to transfer the rights, title, and interest of a property or lease from one party (Assignor) to another (Assignee) with prior approval from MIDC or relevant authority. It serves as proof of lawful transfer and is executed and registered under the Registration Act, 1908 to make the transfer legally valid and binding.
Sale Deed
Sale Deed is a legal document that records the transfer of ownership of property from the seller to the buyer for a fixed consideration. It includes details of the parties, property description, sale amount, and terms of transfer. Once executed and registered under the Registration Act, 1908, it serves as conclusive proof of ownership for the buyer.
Lease
Lease is a legal agreement in which the owner (lessor) grants the right to use property to another person or entity (lessee) for a specific period in exchange for rent. The lease defines the terms, duration, and conditions of use and must be executed and registered under the Registration Act, 1908 to be legally enforceable.
Leave and license
Leave and License is a legal arrangement where the owner (licensor) allows another person (licensee) to use premises for a specific purpose and period without transferring ownership or tenancy rights. It is governed by the Indian Easements Act, 1882, and must be executed and registered under the Registration Act, 1908 to be valid.
Power of Attorney
Power of Attorney (POA) is a legal document authorizing one person (agent or attorney) to act on behalf of another (principal) in legal, financial, or property matters. It can be General (broad powers) or Specific (limited to certain acts) and must be signed, stamped, and registered as per the Registration Act, 1908, for property-related transactions.
Affidavit/ Indemnity Bond / Undertaking
Affidavit / Indemnity Bond / Undertaking:
1. Affidavit: Sworn declaration of facts before a notary.
2. Indemnity Bond: Promise to compensate for any loss or damage.
3. Undertaking: Written assurance to perform or avoid a specific act.
1. Affidavit: Sworn declaration of facts before a notary.
2. Indemnity Bond: Promise to compensate for any loss or damage.
3. Undertaking: Written assurance to perform or avoid a specific act.
Adjudication and stamp duty refund
Adjudication and Stamp Duty Refund:
1. Adjudication: Process of verifying the correct stamp duty payable on a document by the Collector of Stamps.
2. Stamp Duty Refund: Refund of excess or unused stamp duty paid, claimed through the Sub-Registrar or Collector’s office within the prescribed time limit under the Maharashtra Stamp Act.
1. Adjudication: Process of verifying the correct stamp duty payable on a document by the Collector of Stamps.
2. Stamp Duty Refund: Refund of excess or unused stamp duty paid, claimed through the Sub-Registrar or Collector’s office within the prescribed time limit under the Maharashtra Stamp Act.
