Browsing Tag

Property Cancellation

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The Supreme Court has ruled that earnest money cannot be forfeited when both the buyer and seller are at fault, offering vital clarity on homebuyer rights and equitable remedies in real estate disputes.

How Much Money Can a Builder Forfeit If a Homebuyer Cancels a Deal?

MahaRERA’s 2022 order limits how much developers can deduct when a buyer cancels a flat booking — capping forfeiture at 2% before the agreement is signed, ensuring fairness and faster refunds for Maharashtra homebuyers.
In a victory for elderly rights, the Delhi High Court has affirmed that "love and affection" in a property gift deed to a family member is an implied condition of care. If the transferee fails to provide basic amenities and support, the senior citizen can reclaim their property by declaring the transfer void under the Maintenance and Welfare of Parents and Senior Citizens Act, 2007.

Gifted Home, Broken Promise: Court Rules Elder Care is Implied, Voids Deed When ‘Love and Affection’ Fails

In a victory for elderly rights, the Delhi High Court has affirmed that “love and affection” in a property gift deed to a family member is an implied condition of care. If the transferee fails to provide basic amenities and support, the senior citizen can reclaim their property by declaring the transfer void under the Maintenance and Welfare of Parents and Senior Citizens Act, 2007.