Supreme Court Ruling: Can You Really Own a Property by Staying There for 12 Years? by Sumeet kharb

Sumeet Kharb- Real Estate Consultant
Sumeet Kharb- Real Estate Consultant
1.1 هزار بار بازدید - 2 ماه پیش - Supreme Court Ruling: Can You
Supreme Court Ruling: Can You Really Own a Property by Staying There for 12 Years? by Sumeet kharb

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The Supreme Court has made a significant ruling regarding property ownership and possession that affects both landlords and tenants. According to the recent verdict, if someone has uninterrupted possession of a property for 12 years and the rightful owner does not raise any objections during this period, the possessor can legally become the owner. This concept is known as "adverse possession."
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Implications for Tenants:
Tenants living in a property for 12 continuous years without any legal action from the owner may claim ownership.
Key requirements include unbroken possession, no objections from the owner, and proof of residence, such as rent receipts and utility bills.

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Precautions for Property Owners:
Execute rent agreements for only 11 months and renew them regularly.
Regularly inspect the property and assert ownership rights.
Maintain contact with tenants and issue rent receipts consistently.
This rule applies only to private properties. For government land, the possession period extends to 30 years. Both property claimants and owners must initiate legal actions within 12 years to establish or reclaim their rights.

This ruling underscores the importance of vigilance in property ownership while also granting some rights to long-term occupants. Always seek legal advice in case of any claims or disputes.

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#SupremeCourt #PropertyLaw #AdversePossession #RealEstate #LegalRights #PropertyOwnership #TenantRights #LandlordTips #PropertyManagement #RealEstateLaw #IndiaLaw #PropertyDisputes #LegalAdvice #PropertyInvestment
#SupremeCourt #PropertyLaw #AdversePossession #RealEstate #LegalRights #PropertyOwnership #TenantRights
#LandlordTips #PropertyManagement #RealEstateLaw #IndiaLaw #PropertyDisputes #LegalAdvice #PropertyInvestment

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2 ماه پیش در تاریخ 1403/04/13 منتشر شده است.
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