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The Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement Act, 2013 (also Land Acquisition Act, 2013 or LARR Act [1] or RFCTLARR Act [2]) is an Act of Indian Parliament that regulates land acquisition and lays down the procedure and rules for granting compensation, rehabilitation and resettlement to the affected persons in India.
The land register (nekilnojamojo turto registras) contains factual data (area, height, volume, year of construction and owner name) and legal data (agreements of joint ownership, court rulings, easement, mortgages) on immovable property such as land and buildings. [6] A sale agreement on real estate is legally binding even without registration ...
The legal status of land contracts varies between jurisdictions. [vague] Since a land contract specifies the sale of a specific item of real estate between a seller and buyer, a land contract can be considered a special type of real estate contract. In the usual more conventional real estate contracts, a seller does not provide a loan to the ...
Patta (Hindi: पट्टा) is a type of land deed issued by the government to an individual or organization. The term is used in India [1] and certain other parts of South Asia for a small piece of land, granted by the government to an approved cultivator with a land revenue exemption.
When the conditions on the sale contract have been met, legal title passes to the buyer in what is known as closing. In England and Wales , the terms "purchaser" and "vendor" are used. [ 1 ] Properties that are sold on the basis of equitable title have a legal chain of title intact, and a recorded transfer with the local municipality.
The bigha is a traditional unit of land in several parts of North & East India. Sale and purchase of land (particularly agricultural land) is still done unofficially in this unit. However, the area is recorded in hectare or square metres in official land records. Bigha varies in size from one part of India to another.
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