General Trading Chat

[market oracle]

Hi guys,

Any view on Bajaj Auto right now? Why is it tanking so badly?

 

[timepass]

@TP, i think u need 30 years encumbrance certificate

What's that ? I have held the shop for 8 years now.

 

[market oracle]

Also, do you guys think that a pre-budget rally will break the highs of Nifty?

 

[TradeJoker]

What's that ? I have held the shop for 8 years now.

to get bank loans, this doc is for bank to check any liabilities is on the property

 

[timepass]

to get bank loans, this doc is for bank to check any liabilities is on the property

Thanks.

http://www.thehindu.com/features/ho...he-encumbrance-certificate/article4298465.ece

http://www.myestatepoint.com/blog/p...important-legal-document-for-buying-property/

http://content.magicbricks.com/lega...rtificate-to-verify-property-title/13145.html

 

[sabharwal_RK]

What's that ? I have held the shop for 8 years now.

Thats why I love equities, paper work ka koi jhaemla hi nahi hai...

TP sir I have my sympaties with you, my dad too hold one such property on which someone else has set something else and now althoug we own it on papers put someone else is enjoying it....

@Manish I am talking about Meerut.

People here are really fond of reading Dainik Jagran, internet/TV/FB yet to corrupt minds here.

 

[amitrandive]

That is because cement stocks and Asian Paints are up....and these are not part of Sensex.( heard on TV...not my knowledge.)

ST

Yes, out of the major performers today cements and paints,none are in the Sensex.

 

[TradeJoker]

Thats why I love equities, paper work ka koi jhaemla hi nahi hai...

.

but you cant live in a DP account :lol:

 

[Smart_trade]

@TP, i think u need 30 years encumbrance certificate

What's that ? I have held the shop for 8 years now.

The property should be without any encumbrance and the owner must have the title and the possession with him. The property and the land beneath must be conveyed in favour of the owner and the municipal corporation should put owner's name on the "Property Card" in case of urban properties.( it is like 7/12 in case of Agricultural property) The documents of transfer of ownership should be registered with the Sub-Registrar's office.

Smart_trade

 

[lemondew]

This weekend I am available for free training :clapping:

Very true...understanding of risk and how to control it is very poor in we middle class non business class people. Our youngsters and the ladies must have knowledge of financial transactions,compounding, legal procedures as these are as important as driving a car or using internet these days...very essential skills.

On my weekends I help old people with their problems of pensions, bank accounts, taxes various legal documents etc and I found that this knowledge is very bad even in educated families....when someone has to make an affidavit, they feel as if it is something that has to come from Supreme Court of India..

I tried to teach things like mutual funds, income tax, indemnity bonds, affidavit, will, probate,succession certificate, how to read various agreements,property agreements,apartment deeds, conveyance,property registration etc to my relatives ( particularly ladies as they need to know this more) free of cost on a Sunday...the typical responce was as under :

1) All this needs commerce background...we wont understand any of these.
2) We go out in on Sundays so cannot make it.
3) All these things my husband's office or CA takes care so why should I bother ?
4) Finance is not my area...I get bored...
5) We will see when it comes to us....
6) My husband will handle all this...

Needless to say the class never took off....

Smart_trade