Recent Changes in Property Transfer Laws in India: An Overview

Ans: Yes, the recent changes in property transfer laws, such as RERA and amendments in capital gains tax, apply nationwide. However, it is advisable to check specific state-level regulations and requirements, as there might be variations in implementation.

Ans: To ensure compliance, it is recommended to consult a qualified legal expert who specialises in real estate laws. They can guide you through the process, help you understand the specific legal requirements, and ensure a smooth and legally compliant property transfer.

Ans: The Transfer of Property Act, 1882, governs property transfers in India, ensuring transparent and legally sound transactions for both movable and immovable assets.

Ans: Section 101 of the Transfer of Property Act allows a mortgagee or charge holder to acquire property rights without merging the charge with property ownership.