Law on Earnest Money

Law on Earnest Money

What is Earnest Money? It is the money given by the buyer to the seller in order to show that the intention of purchase of the property is bona fide. It binds both the parties to the contract (agreement to sell) and insures the interests of both the parties in the...
Legal Notice- Meaning and Benefits

Legal Notice- Meaning and Benefits

What is a legal notice? It is a formal communication made by a person or an entity to another person or entity specifying grievances to resolve failing which they will undertake legal proceedings against them. It is the final step taken to give one last opportunity to...