ADVOCATE ROHIT DALMIA & ASSOCIATES

 ROHIT DALMIA

 19 Years Exp

 Property Tax Payment (Show More)

 Mumbai , Borivali

 View Answers by this Partner (1)

 Profile Views : 19998

Information

Overview

A property tax is a levy on property that the owner is required to pay. The tax is levied by the governing authority of the jurisdiction in which the property is located; it may be paid to a national government, a federated state, a county or geographical region, or a municipality. Multiple jurisdictions may tax the same property. This is in contrast to a rent and mortgage tax, which is based on a percentage of the rent or mortgage value. There are four broad types of property: land, improvements to land (immovable man-made objects, such as buildings), personal property (movable man-made objects), and intangible property. Real property (also called real estate or realty) means the combination of land and improvements. Under a property tax system, the government requires and/or performs an appraisal of the monetary value of each property, and tax is assessed in proportion to that value. Forms of property tax used vary among countries and jurisdictions. Real property is often taxed based on its classification. Classification is the grouping of properties based on similar use. Properties in different classes are taxed at different rates. Examples of different classes of property are residential, commercial, industrial and vacant real property.[1] In Israel, for example, property tax rates are double for vacant apartments versus occupied apartments.


Can't read the image? click here to refresh.

Enter the code :

Name : ROHIT DALMIA

Law Firm Name : ADVOCATE ROHIT DALMIA & ASSOCIATES

Country : India

City : Mumbai

State : MAHARASHTRA

Practicing Since: 2007

About Your Firm : It is Proprietorship Firm Providing Services related to Litigation and Non-Litigation work. The Firm is serving Corporate and Individual Clients across India. Litigations related to Property Disputes, Commercial Disputes, Arbitration, Cheque Bouncing, Consumer, Labour Matters, Municipal Corporation matters, Tenancy disputes, society related matters and Testamentary Matters are being handled by the Firm. Non-Litigation Services related to drafting of Notices, replies, drafting of MOU'S, Contracts, Sale Deeds, Will, Power of Attorney, Providing Title Search of the Property and Vetting of documents and giving legal Opinion to the Clients.

Manpower/Employee Details

Sr Employee Associated Sr Employee Enrollment/Reg.No Sr Employee Enrollment/Reg.State
Jr Employee Associated Jr Employee Enrollment/Reg.No Jr Employee Enrollment/Reg.State
Anshu Kushwaha Bar Council of Maharashtra and Goa

 Legal & Drafting

  Agreements/Deeds ( Memorandum of Understanding )
  Procure Revenue Documents ( Other Revenue Documents )
  Lease/Rental Agreements ( Commercial Shop Rental Agreement )
  Packages ( Sale Agreement to Registration (Plot/Site) )
  Affidavits ( Name & Address Affidavits )
  Property & Documents Inspection ( Fraud & forgery Inspection )
  Consultation on Property ( Property Buying )
  Agreements/Deeds ( Construction Agreement )
  Agreements/Deeds ( Joint Development Agreement )
  Power of Attorneys ( General Power of Attorney )
  Lease/Rental Agreements ( Commercial Lease Agreement )
  Packages ( Sale Agreement to Registration (Apartment) )
  Affidavits ( Personal Affidavits )
  Property & Documents Inspection ( Agriculture Land Inspection )
  Consultation on Property ( Property Selling )
  Agreements/Deeds ( Sale deed )
  Registration Assistance ( Plot )
  Power of Attorneys ( Special Power of Attorney )
  Lease/Rental Agreements ( Residential Lease Agreement )
  Packages ( Legal Opinion to Registration (Apartment) )
  Affidavits ( Student Affidavits )
  Procure Revenue Documents ( Encumbrance Certificate )
  Agreements/Deeds ( Gift Deed )
  Registration Assistance ( Apartment )
  Power of Attorneys ( Revoke/cancel Power of Attorney )
  Affidavits ( Passport Affidavits )
  Lease/Rental Agreements ( Room Rental Agreement )
  Legal Opinion (Written) ( Plots )
  Procure Revenue Documents ( Khata Extract )
  Agreements/Deeds ( Sale Agreement/Deed Review )
  Registration Assistance ( Villas )
  Construction Approvals ( Residential )
  Affidavits ( Gas Affidavits )
  Lease/Rental Agreements ( Office Sharing Agreement )
  Legal Opinion (Written) ( Apartment )
  Procure Revenue Documents ( Mutation )
  Agreements/Deeds ( Construction Agreement Review )
  Registration Assistance ( Independent House )
  Construction Approvals ( Commercial )
  Affidavits ( General Affidavits )
  Lease/Rental Agreements ( Car Parking Agreement )
  Legal Opinion (Written) ( Villas )
  Procure Revenue Documents ( Electricity Bill Name Transfer )
  Agreements/Deeds ( Rectification Deed )
  Registration Assistance ( Agriculture Land )
  Wills ( Make A will )
  Affidavits ( Other Affidavits )
  Lease/Rental Agreements ( Settlement Of Rental Agreement )
  Legal Opinion (Written) ( Independent House )
  Agreements/Deeds ( Relinquishment deed )
  Procure Revenue Documents ( Duplicate/Certified copy of sale deed )
  Registration Assistance ( Commercial Property )
  Notary & Attestation Services ( Get A Document Notarised )
  e-stamp paper ( Get E-stamp paper )
  Lease/Rental Agreements ( Paying Guest Agreement )
  Legal Opinion (Written) ( Agriculture Land )
  Agreements/Deeds ( Mortgage Deed )
  Procure Revenue Documents ( Certified copy of revenue document )
  Lease/Rental Agreements ( Apartment Rental Agreement )
  Utility/Property Payments ( Property Tax Payment )
  Property & Documents Inspection ( Plot/Site Insepction )
  Lease/Rental Agreements ( Leave And Licence )
  Legal Opinion (Written) ( Commercial Property )
  Agreements/Deeds ( Exchange Deed )
  Procure Revenue Documents ( Certified copy of registered GPA/SPA )
  Lease/Rental Agreements ( House Rental agreement )
  Utility/Property Payments ( Electricity Bill Payment )
  Property & Documents Inspection ( Documents Inspection in Govt Office )
  Lease/Rental Agreements ( NOC From Landlord )
  Legal Opinion (Written) ( Revenue/Other Site )
  Agreements/Deeds ( Release Deed )
  Procure Revenue Documents ( Certified copy of registered documents )
  Lease/Rental Agreements ( Commercial Office Rental Agreement )
  Packages ( Legal Opinion to Registration (Plot/Site) )
  Utility/Property Payments ( Water Bill Payment )
  Property & Documents Inspection ( Documents Inspection in Builder Office )
  Lease/Rental Agreements ( Other Lease/Rental Agreements )
  Agreements/Deeds ( Agreement of Sale )

Subject :  Drafting a Will
Question :  Can i specify an under construction property in the Will? The property will be delivered only after a year. But i want to register the Will now by bequeathing my properties to my son. Is that possible?

Answer by ADVOCATE ROHIT DALMIA & ASSOCIATES :  Yes, You can include it in your will. Also you need to put the liability associated with it, such as housing loan or balance amount payable to the Developer for acquiring the under construction property, so that the beneficiary would be aware about the liability associated with that assets. For further consultation you may contact on 9324538481. Regards