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Streak Legals
Vijyant Nigam
23 Years Exp
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Lucknow , Industria Area Chinhat
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You may be ready mentally and financially for buying a property, but paperwork is unarguably most important part of sealing any deal. After all, only a firm paperwork will ensure your legal hold on the property.
Property registration in India is governed by section 17 of registration act, 1908; this act is applicable to whole of India except the state of Jammu & Kashmir. It refers to registering the changes in ownership and transactions related to the land/ immovable property. To guarantee yourself a legal title of land/immovable property you just purchased, you must register it with the concerned authority.
Registering your property has following benefits:-
It helps in setting disputes easily; if any arises about ownership of that property in any later stage.
The risk of fraud is greatly reduced.
The public record remains up-to-date which helps Govt. in conducting censuses, surveys and maintenance of any other useful public database.
The property registration in India is no more an extremely tough and tiring process which it used to be. Now with the computerized property registration system, the whole process is very easy. Computerized system has many benefits like removal of the middleman and transparent valuation. But computerization has not completely replaced the manual paperwork; you can only pay initial duties with the help of the computer; further submissions have to be done in the office of Registrar/sub-registrar or to SDM in some states. Form can either be downloaded from the website of department or can be obtained in the hard copy from the office.
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Name : Vijyant Nigam
Law Firm Name : Streak Legals
Country : India
City : Lucknow
State : UTTAR PRADESH
Practicing Since: 2002
About Your Firm : Working in the legal field, conveyancing, litigation, drafting, vetting, agreements, MOUs, Contract, Registration, Notaries
| Sr Employee Associated | Sr Employee Enrollment/Reg.No | Sr Employee Enrollment/Reg.State |
|---|---|---|
| Vijyant Nigam | 9809/2002 | Bar Council Of Uttar PRadesh |
| Jr Employee Associated | Jr Employee Enrollment/Reg.No | Jr Employee Enrollment/Reg.State |
Legal & Drafting
Procure Revenue Documents ( Khata Transfer )
Legal Opinion (Written) ( Revenue/Other Site )
Registration Assistance ( Agriculture Land )
Affidavits ( Gas Affidavits )
Lease/Rental Agreements ( Car Parking Agreement )
Packages ( Legal Opinion to Registration (Plot/Site) )
Power of Attorneys ( General Power of Attorney )
Agreements/Deeds ( Agreement of Sale )
Registration Assistance ( Commercial Property )
e-stamp paper ( Get E-stamp paper )
Lease/Rental Agreements ( Settlement Of Rental Agreement )
Packages ( Sale Agreement to Registration (Plot/Site) )
Agreements/Deeds ( Construction Agreement )
Power of Attorneys ( Special Power of Attorney )
Registration Assistance ( Revenue/Other Site )
Property & Documents Inspection ( Plot/Site Insepction )
Lease/Rental Agreements ( Paying Guest Agreement )
Packages ( Sale Agreement to Registration (Apartment) )
Agreements/Deeds ( Sale deed )
Power of Attorneys ( Revoke/cancel Power of Attorney )
Lease/Rental Agreements ( Apartment Rental Agreement )
Property & Documents Inspection ( House/Apartment Inspection )
Lease/Rental Agreements ( Leave And Licence )
Packages ( Legal Opinion to Registration (Apartment) )
Agreements/Deeds ( Gift Deed )
Wills ( Make A will )
Lease/Rental Agreements ( House Rental agreement )
Property & Documents Inspection ( Documents Inspection in Govt Office )
Lease/Rental Agreements ( NOC From Landlord )
Legal Opinion (Written) ( Plots )
Agreements/Deeds ( Sale Agreement/Deed Review )
Wills ( Make A Codicil )
Lease/Rental Agreements ( Commercial Office Rental Agreement )
Property & Documents Inspection ( Documents Inspection in Builder Office )
Consultation on Property ( Property Buying )
Legal Opinion (Written) ( Apartment )
Agreements/Deeds ( Construction Agreement Review )
Notary & Attestation Services ( Get A Document Notarised )
Lease/Rental Agreements ( Commercial Shop Rental Agreement )
Property & Documents Inspection ( Fraud & forgery Inspection )
Consultation on Property ( Property Selling )
Legal Opinion (Written) ( Villas )
Registration Assistance ( Plot )
Affidavits ( Name & Address Affidavits )
Lease/Rental Agreements ( Commercial Lease Agreement )
Procure Revenue Documents ( Encumbrance Certificate )
Legal Opinion (Written) ( Independent House )
Registration Assistance ( Apartment )
Affidavits ( Personal Affidavits )
Lease/Rental Agreements ( Residential Lease Agreement )
Procure Revenue Documents ( Khata Extract )
Legal Opinion (Written) ( Agriculture Land )
Registration Assistance ( Villas )
Affidavits ( Student Affidavits )
Lease/Rental Agreements ( Room Rental Agreement )
Procure Revenue Documents ( Khata Certificate )
Legal Opinion (Written) ( Commercial Property )
Registration Assistance ( Independent House )
Affidavits ( Passport Affidavits )
Lease/Rental Agreements ( Office Sharing Agreement )
NRI Services
Succession Certificate ( Succession Certificate )
Power of Attorneys for NRIs ( General Power of Attorney by NRI )
Power of Attorneys for NRIs ( Special Power of Attorney by NRI )
Buying Selling of Property in India ( Buying/Selling of Property in India )
Property Disputes ( Illegal Sale of Land And Property )
Property Disputes ( Illegal Transfer of Land And Property )
Property Disputes ( Illegal occupation of Land and Property )
Landlord Tenant Disputes ( Landlord Tenant Disputes )
Realtors
RERA Consultation ( RERA Approved Agent )
RERA Consultation ( RERA Consultant )
RERA Consultation ( RERA Compliance Residential )
Subject : Difference between a "mortgage" and a "lease"?
Question : What is the difference between a "mortgage" and a "lease" Please explain
Answer by Streak Legals : Much difference
Mortgage means to put something as guarantee against any loan or advances from any FI, viz/ bank or financial institution.
Lease means to lease out any property by its owner to someone for a certain period of time against which the owner of the property will get rent.
