The most frequent type of encumbrance is referred to as an easement. It refers to a scenario in which a company or an individual is granted permission to utilize a portion of the property owned by another party. When a person or company intends to purchase a piece of property, it is essential to get …
Taxes are statutory deductions that an individual and organization pay to the government. Taxes generate revenue for running the government. If taxpayers evade tax, it must be within the ambit of the law. A Wash Sale is a wealth management practice to take advantage of harvesting tax losses to reduce taxes. To prevent investors who …
A mindset that prevails in most businesses is that the customer is king. “Customer is always right” is another phrase that emphasizes the customers’ role in the business. The customer has become the center of every business stemming from when customers run after the business; the reverse is now the case. Customers today have many …
Definition: Encroachment occurs when a property owner violates a neighbor’s property rights by occupying their property. Encroachment is also known as intrusion or sometimes invasion in violent terms. It can be a legal term regarding boundaries between two or more properties. The encroachment is not only confined to the legal framework; it is a common …