Some of the different forms of power of attorney are :
- Power of attorney to sell a particular property
- Power of attorney to recover debts
- Power of attorney by a firm
- Power of attorney by trustee
- General power of attorney to a manager of the estate
A debutter is an endowment much less a trust although it can be created through the medium of trust in which the property vests in the trustees and the deity /God is the beneficiary. Not necessary that debutter be always a registered deed
Normally residential constructions comprising of the basement, the first floor
and the second floor are allowed to be constructed by the Delhi laws. But if the
construction is next to a road whose width is more than 80 sq. feet than a third
floor is also allowed.
No, the practice of opening offices in residential areas is illegal. But in the
usual course of business service based industries are allowed to open their
offices in such residential properties. But any complaint by the owners will
perforce them to vacate it.
There is a provision in the rent control act that rent will increase 10% after
every 3 years.
A property (plot/ built up) in which perpetual leasehold have been granted by the title paramount in favour of the lessee. The title paramount i.e. president of India in these kinds of properties acts through DDA, L & DO. Leasehold properties are not freely transferable . depending upon the covenants pf. the lease deed prior permission of the lessor (DDA/LDO) is required to transfer the property. One is required to pay charges such as 50 & of the unearned increase and conveyance.
A property where title paramount has conveyed the property in favour of the purchaser by conveyance/ sale deed with no restriction on the right of the holder of the property to further transfer the property. Record of ownership of the freehold property can be ascertained from the office of the sub-registrar. It can be transferred by registration of sale deed.
The benefits are:
- One can become a full-fledged owner only by getting the sale deed of the property after getting it registered
- It has got better marketability
- The property can be sold, mortgaged
or kept for standing security.
The % area set aside for construction purposes differs with the size of the
plot. In case of a 400 sq. yard plot the area is 40% the distribution being 20%
for the back space and 20% for the front. In case of a 1000 sq. yard area the
area set aside is 60% for the back and the front spaces.
A gift of immovable property must be made by registered deed irrespective of its value. It should be attested by two persons.