Financial Services
Navigating the world of real estate involves understanding various concepts like rented property where tenants occupy property under lease or rent agreements, providing a steady income stream to owners. Meanwhile, legal ownership is determined by deed and mortgage, documents that record property ownership and borrowing details. In contrast, freehold property refers to full ownership without any leasehold obligations, offering complete rights to the owner. When a real estate project finishes, authorities issue a project completion certificate validating that the construction complies with sanctioned plans. Beyond physical property, intellectual property rights protect creators' ideas, inventions, and designs, essential for innovation and business growth. Understanding these concepts ensures smooth property management and legal compliance.
