category
Dictations
Gift deed Term Meaning in Real Estate - Guide
It is a document which transfers property to another as a gift
6 years ago
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Coparcenary Property Term Meaning in Real Estate - Guide
Coparcenary property refers to property that is inherited up to four generations of members of a Hindu joint family
6 years ago
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Self Acquired Property Term Meaning in Real Estate - Guide
Self-acquired property is any property that an individual purchases from his resources.
6 years ago
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Indemnity clause Term Meaning in Real Estate - Guide
Indemnity clause is that provision in a contract under which one or both parties commit to compensate the other in case of any harm, liability or loss arising out of the contract
6 years ago
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Liquidated damages clause Term Meaning in Real Estate - Guide
When a party fails to perform the terms of the contract to which it is obligated, then that party has to provide compensation
6 years ago
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Inspection Contingency Clause Term Meaning in Real Estate - Guide
The inspection contingency clause is an offer in the contract that lets buyers perform inspections during a certain period of time.
6 years ago
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Closing agent Term Meaning in Real Estate - Guide
A closing agent is an individual who represents a buyer and handles the closing and legal transfer of title and ownership of the property.
6 years ago
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Title Insurance Policy Term Meaning in Real Estate - Guide
Title Insurance is a type of insurance that protects homeowners and their lenders against defects of the home’s title.
6 years ago
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Abstract of title Term Meaning in Real Estate - Guide
As the name suggests, abstract of title is the condensed history of the title of a parcel of real estate.
6 years ago
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Transfer of property act 1882
Transfer of property Act of 1882 is an act which regulates the transfer of property in India; it contains provisions specifying what constitutes a transfer and the conditions attached to it.
6 years ago
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Registration Act 1908
The Registration Act of 1908 defines the process of public registration of documents to give information to people regarding their legal rights and obligations related to the sale or purchase of property
6 years ago
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Indian Contract Act 1872
The objective of Indian Contract Act 1872 is to ensure that all rights and obligations arising out of a contract are honoured, and that legal remedies are available to those who are wronged
6 years ago
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MCLR Term Meaning in Real Estate - Guide
Marginal Cost of funds based Lending rate (MCLR) is an internal benchmark or reference rate for a bank.
7 years ago
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PMAY Term Meaning in Real Estate - Guide
Prime Minister Awas Yojana is an initiative by Prime Minister of India Narenda Modi to provide affordable housing to the urban poor
7 years ago
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National Building Code (NBC) Term Meaning in Real Estate - Guide
A building code is a regulation that defines the design and construction materials used in the building.
7 years ago
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National Green Tribunal (NGT) Term Meaning in Real Estate - Guide
National Green Tribunal (NGT) is a statutory body established for effective and expeditious disposal of cases relating to environmental protection and conservation of forests and other natural resources.
7 years ago
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Global House Pricing Index Term Meaning in Real Estate - Guide
Global House Price Index is an annual report by knight Frank that tracks the performance of over 50 mainstream national housing markets around the world using data from Central Banks or National Statistic Offices of each country.
7 years ago
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Rent arrears Term Meaning in Real Estate - Guide
If your rent is not paid, the money owed is called ‘rent arrears’
7 years ago
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Resources
Registered & Corporate Office
JM Financial Products Limited. 7th Floor, Cnergy, Appasaheb Marathe Marg, Prabhadevi, Mumbai - 400025
CIN:
U74140MH1984PLC033397
RERA NUMBERS
Maharashtra
A51900000277
Karnataka
PRM/KA/RERA/1251/309/AG/220521/002898
Delhi
DLRERA2022A0103
Haryana
RC/HARERA/GGM/1932/1527/2022/300