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UNDERSTANDING LIFE ESTATES IN REAL PROPERTY Understanding Life Estates in Real Property in India A life estate is a legal arrangement in real property that grants an individual the right to use, occupy, and derive benefits from a property for the duration of their life. In the context of Indian law, life estates are governed […]
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MULTIPLE-CHOICE QUESTIONS- INTEGRITY AND FAIRNESS- REMUNERATION AND COSTS- OCCUPATION, EMPLOYABILITY AND RESTRICTIONS- BUSINESS ETHICS What is the primary role of integrity in a professional setting? a) Maximizing profit b) Maintaining consistency in actions and values c) Following orders blindly d) Ignoring conflicts of interest Answer: b) Maintaining consistency in actions and values Which of the
HOW TO DO STAGE VALUE OF A FLAT Approximate Stage Cost of a Flat at Different Stages of Work The following table outlines the percentage of total construction cost attributed to various stages of work for a flat. This calculation excludes the cost of the undivided share of land. If the Flat is on the
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MODERN INTERPRETATIONS OF ECONOMIC RENT Modern Interpretations of Economic Rent in India Economic rent is a key concept in economics that refers to the payment made for the use of land or other natural resources over and above the cost of production. In the modern context, the interpretation of economic rent has expanded beyond its
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AIR RIGHTS AND SUBSURFACE RIGHTS IN REAL ESTATE Air Rights and Subsurface Rights in Real Estate: A Comprehensive Overview Introduction In India, real estate ownership typically includes not just the land itself but also the rights to the space above and the subsurface below it. These are known as air rights and subsurface rights, respectively.
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THE ROLE OF TRUSTS IN REAL ESTATE OWNERSHIP The Role of Trusts in Real Estate Ownership in India Trusts have played an increasingly significant role in real estate ownership in India, particularly in estate planning, asset protection, and wealth management. A trust is a fiduciary relationship in which one party (the trustee) holds legal title
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OCCUPANCY RIGHTS: TENANT VS. OWNER OCCUPANCY Occupancy Rights in India: Tenant vs. Owner Occupancy Occupancy rights in India are a significant aspect of property law, impacting both tenants and property owners. Understanding these rights is crucial for both parties to ensure they are legally protected and can avoid potential disputes. Below is an in-depth analysis
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SQUATTER’S RIGHTS AND ADVERSE POSSESSION IN INDIA Squatter’s Rights and Adverse Possession in India Introduction Squatter’s rights and adverse possession are legal doctrines that allow a person to claim ownership of land under certain conditions. In India, these concepts are rooted in the principle that land should not remain idle or unused. The doctrine of
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50 MCQ-TRADING ACCOUNT PROFIT AND LOSS ACCOUNT AND INCOME AND EXPENDITURE ACCOUNT IN INDIA Which of the following is credited in the Trading Account? a) Purchases b) Sales c) Wages d) Carriage inward Answer: b) Sales The balance of the Trading Account shows: a) Gross Profit or Loss b) Net Profit or Loss c) Capital
COMPARATIVE ANALYSIS OF MARKET SURVEY METHODS IN URBAN VS. RURAL INDIA Comparative Analysis of Market Survey Methods in Urban vs. Rural India Market surveys are essential tools for understanding consumer behavior, preferences, and trends. The methods employed for conducting these surveys can vary significantly between urban and rural settings due to differences in infrastructure, literacy
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ROLE OF MARKET SURVEYS IN CONSUMER BEHAVIOR ANALYSIS IN INDIA Role of Market Surveys in Consumer Behavior Analysis in India Market surveys are a crucial tool in understanding consumer behavior, particularly in a diverse and rapidly evolving market like India. By systematically gathering data on consumer preferences, habits, and attitudes, businesses can make informed decisions
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FREEHOLD VS. LEASEHOLD: A COMPARATIVE ANALYSIS Freehold vs. Leasehold: A Comparative Analysis in India The distinction between freehold and leasehold properties is a fundamental concept in real estate. In India, understanding these property types is essential for buyers, investors, and legal practitioners. This article provides a comprehensive analysis of freehold and leasehold properties in India,
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