Menon and Singh, Advocates and Solicitors

 Parvathi Menon

 11 Years Exp

 Legal Opinion to Registration (Apartment) (Show More)

 New Delhi , New Delhi G.P.O.

 View Answers by this Partner (1)

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Information

Overview

Legal Opinion Safeguards the buyer's interest

Though a legal opinion / title certification comes at a cost, it is always beneficial at the time of buying a property. Legal opinion helps you to decide whether or not to make the said property investment. Our competent lawyers can provide you with the best of paperwork details and save you from future hardships if any pertaining to the property investment. Further, a buyer would be unaware of minute litigations, owing to which propertified.com could solve the problems.

Assists in the documentation of the property paperwork

We ensure clean property paperwork starting from scratch until the transaction is finalized. Our lawyer (internal/external) ensure important property documents such as the Sale Deed, Mother Deed, Encumbrance Certificate,Conversion documents, Khatha Certificates, relevant approvals including layout or building plan, Tax paid receipts etc., are flawless and are up-to-date. If required, we check the authenticity of the property documents / title by visiting the registrar's office or advice you to the same on your own. In certain cases, we advise you to advertise, in a regional and a national newspaper about your intent to purchase the property in order to avoid any third party claims or property litigation in future. Also, getting a Conveyance (Sale) Deed vetted by our lawyer will determine whether the land on which the property is situated belongs to a developer / builder or a society and the recitals (terms & conditions) are up to date.

Paperwork vetting by the lawyer

    Enlightens the buyer about the property history / third party interfering (if any)
    Acquires complete details of the original owner and previous owners
    Checks for the rights of easements involved and the minor's rights (if any)
    Checks for the Encumbrances (if any)
    Current property status / encroachments on the property
    Checks for the property revenue records such as Patta / Khata / Tax records
    Checks for property disputes / court involvements / pathways disputes / violations

Complete transparency in property buying

Our Lawyers peruse all the property documents and cross checks them to maintain transparency in the deal. We also ensure that the property buying agreement is not one-sided, i.e. in favour of the seller, and keep the buyer's interests in mind.

It is important that a buyer gets the original deed examined by a lawyer to ensure if the seller has given any access to a third party on the property. Our lawyers also check if the seller has any suppressed facts about the property or his ownership.

Ensures all approvals are in place

Since a large number of home buyers are bound to be unaware if a property has all the civic approvals, a property lawyer will help him in checking if approvals from the municipal bodies such as building plan approvals, floor plan approvals, NOC from the civic authority, structural safety certificate, environment clearances and others are in place. Right from the commencement of the project to its completion, a property needs all the approvals from the municipal bodies. Non-compliance of the rules of the approving authorities will result in the project being stalled or reduction in market value. Not just this, a project should also have approvals from the fire department, electricity board, state traffic authority, water board and others.

Legal assistance buying a joint/old property

Our property lawyers peruse all the documents and explain the procedures of the joint ownership. We further scrutinize the joint development agreement and the terms of the property development and ensure the buyer obtains an NOC from all the owners. We further investigate whether the land is under acquisition for future use by the government.

In cases where the property has been funded by a bank, the bank lawyer also draws out a legal opinion. Even the seller may push you into closing the deal using the said legal opinion. Such legal opinions are typically drawn keeping the bank's interest in mind. Since it is your money at stake we suggest you get an independent and unbiased legal opinion.


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Name : Parvathi Menon

Law Firm Name : Menon and Singh, Advocates and Solicitors

Country : India

City : New Delhi

State : DELHI

Practicing Since: 2014

About Your Firm : Menon & Singh law office is a full-service law office founded by Ms. Annapurna and Ms. Parvathi Menon. With a team of young professionals, the firm strives to not only to comprehend the grievances of its clients and provide efficient and cost effective solutions to them, but at the same time it also renders its support in assisting them to achieve their goals. The firm leaves no stone unturned to overturn the nadir of its clients into their zenith.  "Out of the box thinking" is the key phrase that guides the team in their quest to find remedy to the complex legal quandaries that loom at large before its clients. The firm provides a beautiful blend of conventional wisdom and novel ideas while dealing with the cases.  The firm understands that many a times when a client visits them, they may have undergone severe mental distress. Menon & Singh Law Office takes great pride in providing counselling services to its clients as it understands that mental peace is one of the most valued objective of mankind. The firm understands that the best results are the product of a partnership, so we work with each client to develop and execute custom-built plans designed to maximize success.  ? ? ?    ?     ? ? ?

Manpower/Employee Details

Sr Employee Associated Sr Employee Enrollment/Reg.No Sr Employee Enrollment/Reg.State
parvathi D/1837/2014 New Delhi
Jr Employee Associated Jr Employee Enrollment/Reg.No Jr Employee Enrollment/Reg.State
Annapurna D/5043/2017 New Delhi

 Legal & Drafting

  Registration Assistance ( Independent House )
  Agreements/Deeds ( Sale Agreement/Deed Review )
  Registration Assistance ( Commercial Property )
  Agreements/Deeds ( Construction Agreement Review )
  Power of Attorneys ( General Power of Attorney )
  Agreements/Deeds ( Rectification Deed )
  Power of Attorneys ( Special Power of Attorney )
  Packages ( Legal Opinion to Registration (Plot/Site) )
  Agreements/Deeds ( Relinquishment deed )
  Power of Attorneys ( Revoke/cancel Power of Attorney )
  Packages ( Sale Agreement to Registration (Plot/Site) )
  Agreements/Deeds ( Mortgage Deed )
  Construction Approvals ( Residential )
  Packages ( Sale Agreement to Registration (Apartment) )
  Agreements/Deeds ( Exchange Deed )
  Wills ( Make A will )
  Packages ( Legal Opinion to Registration (Apartment) )
  Agreements/Deeds ( Release Deed )
  Wills ( Make A Codicil )
  Agreements/Deeds ( Agreement of Sale )
  Agreements/Deeds ( Partition Deed )
  Agreements/Deeds ( Construction Agreement )
  Agreements/Deeds ( Memorandum of Understanding )
  Agreements/Deeds ( Sale deed )
  Registration Assistance ( Plot )
  Agreements/Deeds ( Gift Deed )

Subject :  Difference between a "mortgage" and a "lease"?
Question :  What is the difference between a "mortgage" and a "lease" Please explain

Answer by Menon and Singh, Advocates and Solicitors :  Mortgage and lease have been exclusively dealt with in the Transfer of Property Act. As per Section 58 of the said Act, mortgage is the transfer of an interest in specific immoveable property for the purpose of securing the payment of money advanced or to be advanced by way of loan, an existing or future debt, or the performance of an engagement which may give rise to a pecuniary liability. Section 105 TOPA states that a lease of immoveable property is a transfer of a right to enjoy such property, made for a certain time, express or implied, or in perpetuity, in consideration of a price paid or promised, or of money, a share of crops, service or any other thing of value, to be rendered periodically or on specified occasions to the transferor by the transferee, who accepts the transfer on such terms. Difference- 1. In mortgage, the interest in property is transferred for securing payment of money whereas in lease, interest in property is transferred for enjoyment of property in exchange of some consideration. 2. Almost all types of mortgage requires registration of property but lease requires registration only if the lease period exceeds 11 months. 3. Mortgage deed requires attestation by 2 witness but lease does not require the same. 4. In mortgage the consideration is known as mortgage money whereas in lease, the consideration is known as premium or rent.