Top property lawyer in Mumbai

Properties can be termed as the real property and the personal property. The rules and the regulations are associated with both the types of the property laws. The concept of the property law has been derived from the English Common Law. In the modern law, the incorporation of the several concepts defines the types and rights of ownership in the real and personal property. With an alarming rate of property cases, there is a huge demand for the best Property Lawyer in Mumbai.

The real property is any piece of land and anything that is constructed on it along with the trees that are growing on it and also the natural reserves of the minerals and the gases. In this present time, the term real estate and real property refer to the land. Again, the term land in the general usage refers to the faces of the earth, along with everything of a permanent nature over or under it. In the modern usage of the word, premises refers to the land along with the structures built on it. So, the residential buildings and the yards are termed as the premises.

The personal properties are also the movable properties. These properties are anything other than the land and they are also the subject to ownership. The money, books, stocks, patents, copyrights are some of the examples of the personal property. The differentiation between the real property and the personal property can be easily identifiable. The characters of the personal properties can be altered at times. The personal properties that are being built initially can be later attached to the real properties and hence it gets turned into real property. The disputes in the matters of the property can be dealt with the top property lawyers in Mumbai. MyAdvo provide their service in Kalina, Andheri, Malad, South Mumbai, Dongri, Navi Mumbai, Dadar etc.

The various types of transfer of property are as follows:

● Sale of the property is the transfer of the ownership in exchange for the price paid or a part is paid and the rest has been promised to be paid. This includes the absolute rights transferred to the property sold. The principal requirements of the process of the sale of property are the parties; subject- matters; and the price of the consideration.

● The Mortgage is the process of transfer of an interest in a particular immovable property for the purpose of securing the payment of money in advance 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. Thus, a mortgage is the transfer of an interest in the specific movable property as the security of the repayment of the debt.

● The Exchange is the process when the two individuals transfer the ownership of one thing in against of the ownership for another thing. The thing usually is not money rather it can be a commodity as well. The system of exchange is not just related to the lands. This exchange takes place for lands as well as the barter system of the goods.

● Gift as a transfer of the certain movable or the immovable made willingly by any person. The transfer is made by the donor and consented to by the receiver. This process can only be done within the lifetime of the donor. The important component of the process is the no consideration i.e nothing to be received in against the gift the donor, who’s giving the gift receiver, who’s receiving the gift; the subject-matter of the gift; the transfer of the gift by the donor; and the acceptance of the gift by the receiver.

Choose from a Range of the best Property lawyers in Mumbai

MyAdvo is one of the renowned law firms in Mumbai. They have some of the best property lawyers in the town. The online facility to search for the property lawyers near me kalina Mumbai Maharashtra helps the clients to select their own lawyers accordingly. The property lawyers fees are also a reasonable factor for the clients.