Real Estate Legal Guide & Laws

What Is NOC for a Rent Agreement?  An NOC for a rent agreement is a formal written declaration issued by the landlord or property owner. It explicitly states that they have no objection to th

What Is a Board Resolution?  A board resolution is a formal, legally binding decision made by the Board of Directors of a company during a validly convened meeting. Since a company is an arti

What Is Power of Attorney for a Lease Agreement?  A power of attorney for a lease agreement is a legal document where one person (the Principal) authorizes another person (the Agent or Attorn

What Is a Deed of Assignment Tenancy?  A deed of assignment of tenancy is a formal legal document that transfers an existing tenant's entire interest in a lease to a new party. In simple term

What Is a Supplementary Lease Deed?  A supplementary lease deed, often called a lease addendum or modification deed, is an additional legal agreement executed between the same landlord and te

What is a Ground Lease?  A ground lease is a long-term leasing arrangement, typically ranging from 30 to 99 years, where a tenant (lessee) is given the right to construct buildings and make signif

Many landlords and tenants assume that signing a lease is enough, only to face disputes later over rent, property use, or termination. Understanding what is a lease agreement is important, as it defines rights, obligati

Sharing a rental property with friends, family, or roommates can be a great way to save money, but it can also lead to confusion if everyone’s rights and responsibilities aren’t clearly defined. That’s where understanding what is a joint