Course Title: Real Estate Law Course Code: Credit Units: 3 Course Objective: L T P/ S SW/ FW Tota L Credi T Units

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Course Title: REAL ESTATE LAW L T P/ SW/ TOTA

S FW L
Course Code: CREDI
T
Credit Units: 3
UNITS
Course Objective: 2 1 - - 3

The objective of the course is to familiarize the


students with the various laws in relation to Real Estate, its transfer and other
consequences, the land use, development and compliances including obligation
towards environment etc and remedial measures for breach .

Pre-requisites:

The student should have understanding of day today Commerce and basic
knowledge of commercial / land transactions , its use etc with aptitude to
comprehend the various activities carried on land especially the developmental and
construction al works .

Student Learning Outcome:

The paper aims to make students familiar with and to provide insight into nature of
Land, its use , laws regarding development ,construction and compliances with
remedial measures . Student after undergoing the course will have sufficient and
workable knowledge of laws related to real estate.

Course Contents/Syllabus:
Weightage
%

Module I: Real Estate , its transfer and encumbrances 20%

Real Estate, its meaning and transfer by sale, lease and exchange ,
encumbrances on estate including mortgage and charge , kinds of
mortgage , Codification of Real Estate Law (Real Estate
Regulatory Development bill,2013)
Module II: Registration and Stamp Duty 25%

Registration of real estate , effect of non-registration ,stamp duties ,


cancellation of stamps , effect of deficient stamping ,and remedy ,
Development Agreement etc, execution of real estate documents at
different places , place of suing
Module III: Land & Revenue Laws 25%

Land classification, land records ,mutation , land use and


conversion , restrictive covenants and prohibition regarding transfer
, ownership by prescription ,Authorities under land laws . Title
search & Due Diligence
Module IV: Land Acquisition , Development and Clearances 30%

Land acquisition laws , Developmental laws including town plan ,


master plan etc, developmental Authorities , Apartment ownership,
rights and transferability ,easements , land/construction clearances
especially involving environment ,disaster safety clearances ,
concepts of covered area , carpet area and set back

Pedagogy for Course Delivery:


The course will be conducted using lectures, assignments. The students will be
acquainted with important case laws on the subject to understand the intricacies of
the subject including the stock and foreign exchange.
Lab/ Practical details, if applicable: NA

List of Experiments: NA

Assessment/ Examination Scheme:

Assessment/ Examination Scheme:

Theory L/T Lab/Practical/Studio (%) End Term


(%) Examination

30% NA 70%

Theory Assessment (L&T):


Continuous Assessment/Internal Assessment
End Term
Components Examination
(Drop
Mid- Project Viva Attendance
down)
Term
Exam

Weightage
(%)
10% 10% 5% 5% 70%

Text and References:


Mulla : Transfer of Property Act , Transfer of Property Act , by Avtar Singh , Code
of Civil Procedure , Law of Acquision of Land in India by P.K.Sarkar , Land Laws By
Prof. R.P.Singh , Respective Bare Acts

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