Real estate and Legal services
AequitasJuris Real estate Legal services is an Indian Origin Firm. The firm is having experienced lawyers in real estate services . The firm also has an active real estate and litigation practice. The firm is operating through an integrated network throughout India, representing its clients in respect if real estate services. If the dispute arose our lawyers represents before DRT(debt recovery Tribunal), DRAT(Appellate debt recovery Tribunal, Civil courts, High Courts Various States and supreme court of India and various Quasi Judicial Authorities.
Our Firm Consist of Various Lawyers, possessing substantial standing in the Real Estate legal profession and also Good experience and skills in various fields of law and in verifying the documents, giving legal opinions in respect of the land or property and also handling disputes, conciliations, negotiations, soliciting, documentations, etc. Lawyers at the firm have represented both multinational and Indian companies in a variety of transactions, which was also appreciated by our esteemed clients, including corporate etc.
WHAT IS REAL ESTATE
Real estate is property comprised of land and the buildings on it as well as the natural resources of the land including uncultivated flora and fauna, farmed crops and livestock, water and minerals. Although media often refers to the "real estate market" from the perspective of residential living, real estate can be grouped into three broad categories based on its use: residential, commercial and industrial. Examples of residential real estate include undeveloped land, houses, condominiums and townhomes; examples of commercial real estate are office buildings, warehouses and retail store buildings; and examples of industrial real estate are factories, mines and farms
Commercial Real Estate
Buying or leasing real estate for commercial purposes is very different from buying a home or even buying residential real estate as an investment. Commercial leases are generally longer than residential leases, and commercial real estate returns are based on their profitability per square foot, unlike structures intended to be private residences. Moreover, lenders may require more money for a down payment on a mortgage for commercial real estate than for a home loan.
Investment Real Estate
Unlike other investments, real estate is dramatically affected by the condition of the immediate area where the property is located, hence the well-known real-estate maxim, "location, location, location." With the exception of a national or global recession, real estate values are affected primarily by local factors such as the availability of jobs, crime rates, school quality and property taxes.
Residential Real Estate
There are key differences in residential and commercial direct real estate investments. On one hand, residential real estate is usually less expensive and smaller than commercial real estate, and so it is more affordable for the small investor. Many thrifty small investors of modest means have increased their and their family's fortunes by buying rental property over decades.
There is also increased risk if the documents are not proper and tenant over in commercial Property. If the lessee's business model is bad, their product is unattractive, bankruptcy can leave expensive real estate from generating revenue unexpectedly. Moreover, just as land can appreciate in value, it can also depreciate. A formerly hot retail locations have been known to decay into rotten shopping centers and dead malls.
Individuals shopping for a mortgage to invest in real estate in the form of an owner-occupied home are faced with a variety of options. Mortgages can either be fixed-rate or variable-rate. Fixed-rate mortgages generally have higher interest rates than variable-rate mortgages, which can make them more expensive in the short run. Fixed rate loans cost more in the short term because they are protected from future interest rate shocks .
Banks publish amortization schedules that show how much of a borrower's monthly payments go to paying off interest debt versus how much goes to paying off the principle of the loan. Balloon loans are mortgages that don't fully amortize over time: the borrower pays interest for a set period, 5 years for example, and then they must pay the remainder of the loan in a balloon payment at the end of the loan term.
In addition, mortgages can come with sometimes heavy costs, including transaction fees and taxes that are often rolled into the loan itself. Once potential home owners have proven their eligibility and secured a mortgage from a bank, they must complete an additional set of steps to make sure the property is legally for sale and in good condition.
To avoid Risk factors all the document should be verified and obtain full fledged legal opinion.
WHEN YOU NEED A LEGAL ASSISTANCE OF A LAWYER FOR PROTECTION OF YOUR RIGHTS AEQUITASJURIS REAL ESTATE LEGAL SERVICES IS HERE TO HELP