Astha Blogs

Needless to say that visibly there are blemishes in Indian laws that may seem doltish, outdated, draconian, conflicting, open to misapply and in some cases even interesting and it is high time we dispose of such absurdities to make the legitimate framework powerful, says economist, editorialist and author Bibek Debroy. He was giving an address organized by Moneylife Foundation in Mumbai.

An inhabitant ought to check whether the landowner has incorporated a "rent escalation clause" in the agreement, which could be utilized after a certain period. Check whether the agreement says that the date after which lease charges would expand and the rate of increment also.

Property is a piece of real estate that is owned legally by the owner. Usually, property passes from a generation to next generation and so on. Usually, property is acquired within a family, when it passes from one generation to the other. All these transferring activities are regulated under The Indian Succession Act, 1925, Transfer of Property Act 1882, and the Registration Act, 1908 and The Hindu Succession Act, 1956.

The various modes through which the property acquisitions take place are as follow:

Alimony is a payment that a person in a couple gets when that couple separates from each other as ordered by a family court. Alimony is also referred as settlement, spousal support and maintenance. It can be best understood as the monetary support, property, asset etc extended by ex-spouse of the receiver.

The spouse has the legal right to claim alimony after getting divorce. Though not an absolute right, but depending on the financial condition and the circumstances of the spouses, alimony can be granted by the court.