Adv Jagadish T G

A Sale Agreement is a Preliminary agreement between Seller and Buyer. It outlines the terms and conditions of Sale and safeguards the interest of both parties. It contains all the essential elements such as: Date and place of agreement execution Seller & Buyer name, age, address, and identification proof History of the transaction (previous owner details) Buying price, payment terms, and TDS Property Schedule includes flat number, measurement of flat. apartment name, village name, Taluk, Hobli, and District Timeline to complete the Sale Deed Registration Cancellation clause Dispute and Jurisdiction clause Two witnesses’ details OBJECTIVE : We are going to cover the following topics which will give a wholistic understanding of Sale Agreement for a resale flat in Bangalore Documents  Required for Sale Agreement Basic  validation  of documents for Sale Agreement Sale Agreement  Execution Stamp Duty  for Sale Agreement Cost  of Executing a Sale Agreeme...

To close a certificate of registration of a firm (Form-C) with the Registrar of Firms in Karnataka, you need to follow the steps outlined under the  Indian Partnership Act, 1932 , which governs the registration of firms. Here's the procedure: 1. Prepare the Required Documents The following documents are typically needed to close a partnership firm: Form-C : Application for closure of the firm. This is available from the Registrar of Firms' office or their official website. Partnership Deed : The original partnership deed and any amendments. Consent Letter : A letter signed by all the partners consenting to the closure of the firm. Affidavit : A notarized affidavit declaring the intention to close the firm and confirming that all liabilities have been settled. Statement of Accounts : A statement showing that all debts, liabilities, and obligations of the firm have been cleared. Proof of Public Notice : A copy of the public notice publi...

For obtaining a legal opinion on the resale of a  vacant site  in Bangalore, the following documents are essential: 1. Title and Ownership Documents Mother/Parent Deed: Complete history of ownership transfers to establish a clear title. Sale Deed/Conveyance Deed: Proof of ownership by the current seller. Khata Certificate & Extract: Confirms the site is registered in the seller's name with the BBMP/BDA. Encumbrance Certificate (EC): Details of any legal or financial encumbrances on the property (obtain for the past 30 years or since the first sale). 2. Property Conversion and Land Use Approvals Conversion Certificate: If the land was converted from agricultural to non-agricultural use. Zoning Certificate: Confirms the site's land use (residential/commercial/industrial). 3. Tax and Dues Clearance Documents Latest Property Tax Receipts: Proof of up-to-date tax payments. Bhoomi RTC (Record of Rights, Tenancy, and Crops): Shows ownership and land classification for non...

  For a legal opinion on the re-sale of a flat in Bangalore, the following documents are generally required: 1. Title Deed Documents Sale Deed/Conveyance Deed: The current owner's document proving their ownership. Parent Documents: Copies of all previous sale deeds to establish a clear chain of ownership. Khata Certificate and Extract: A document issued by the BBMP or BDA confirming the flat is registered in the current owner's name. 2. Property Approvals and Plans Approved Building Plan: A copy of the sanctioned building plan from the BDA/BBMP. Occupancy Certificate (OC): Proof that the construction complies with local laws and is fit for occupancy. Commencement Certificate (if applicable): For properties built in phases. 3. Encumbrance Certificate (EC) A certificate from the Sub-Registrar's office showing all financial and legal encumbrances on the property. Obtain EC for at least the last 15-30 years. 4. Flat-Specific Documents Allotment Letter from Builder (if applicabl...

All About The Pradhan Mantri Mudra Yojana (PMMY) The Pradhan Mantri Mudra Yojana (PMMY) offers loans to small businesses, startups, and entrepreneurs through the Micro Units Development and Refinance Agency (MUDRA). It provides financial support under three categories: Shishu , Kishor , and Tarun . Here’s a detailed guide on eligibility and required documents for MUDRA loans: Eligibility Criteria for MUDRA Loans Individuals and Entities Eligible: Small business owners. Startups. Sole proprietors. Partnership firms. Self-employed professionals. Service sector units. Micro and small manufacturing enterprises. Traders and shopkeepers. Artisans and craftspeople. Business Type: Businesses involved in manufacturing, trading, or services. Allied agricultural activities (e.g., dairy, poultry, horticulture). Transport operators (e.g., auto rickshaw owners, truck operators). Loan Amount: Shishu: Up to ₹50,000. Kishor: ₹50,001 to ₹5,00,000. Tarun: ₹5,00,001 to ₹10,00,000. Income and Credit Hi...

BBMP Khata Registration / Transfer / Bifurcation / Amalgamation Process Sections A - Khata and B- Khata Process to get Khata Khatha Registration Khatha Transfer Khatha Bifurcation Khatha Amalgamation Suvarna Khata Process to register / transfer / bifurcate / amalgamate Khata Introduction:- Khata is a legal identification certificate issued by BBMP. Khata is a document that shows a property owner having an account with the BBMP for paying taxes. The details of a Khata include property owner's name, size of the property, location, built-up area etc. and is essentially required to calculate the tax payable on that property. For getting building license or trade license, Khata certificate is required. The certificate should be submitted to get loan from banks and financial institutions as well. A - Khata and B- Khata There are two types of properties. A-Khatha certificates are issued for properties which have been developed as per the sanctions. There will be valid licenses and approva...