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Wealth and Property Articles

11: Understanding lease and licence
A lease is considered a transfer of right in an immovable property in the agreed term, whereas a licence is a grant by one person to another, of a right to do or continue to do in or upon the immovable property owned by the grantor ...

12: Factors to consider in valuing a property
A valuer can be more useful than just provider of information and assessment about a property. He or she can provide value-added services and also offer reasonable advice on transaction of properties and capital gains. Case 1: A property, acquired in 1976, comprising about four grounds and a two-storeyed residential building was to be sold and Rs.4 crores was offered for it in 2007. A valuer was commissioned to assess ......


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