Cyprus-Forum.com

[ParisJohan]

Real estates may be held jointly as joint tenants with rights of survivorship or as tenants in common. The difference in these two types of joint ownership of an estate in land is basically the inheritability of the estate. In joint tenancy sometimes called tenancy of the entirety when the tenants are married to each other the surviving tenant (or tenants) become the sole owner (or owners) of the estate. Nothing passes to the heirs of the deceased tenant. In some jurisdictions the magic words "with right of survivorship" must be used or the tenancy will assumed to be tenants in common. Local real estate developer have premium http://www.lotusproperties.in/ coming up priced at Rs. 1,700 to Rs. 2,600 per sq. ft. Some builders have fixed rates for its forthcoming residential apartments at Rs. 3000 per sq.ft, at Kakkanad. The NRI community is funding and fueling the demand for residential flats, as is borne out by the high percentage (60 to 80%) of flats booked by them. NRIs tend to invest in residential properties in India, preferably in their native towns or cities where their relatives and friends can supervise such projects. However, funds are now being put into some commercially viable projects as well, such as malls, hotels and office complexes. As for commercial properties, 6 malls are on the anvil, and would be ready by 2009. Forum will cover 1 million sq. ft. of space. Others are Lulu Mall, Aerens Gold Souk, and Abad mall, Metro One, Mall O and Kalyan Mall. Not known for any significant commercial or industrial activity in the past, the upward trend in real estate in Kochi is an indicator of a healthy and reviving economy. Tenants will have a heritable portion of the real estate in proportion to their ownership interest which is presumed to be equal amongst tenants unless otherwise stated in the transfer deed. In the law of almost every country, the state is the ultimate owner of all land under its jurisdiction, because it is the sovereign or supreme lawmaking authority. Physical and corporate persons do not have allodia title; they do not "own" land but only enjoy estates in the land, also known as equitable interests.

[CBBB]

First it's dodgy Financial Advisers and then it's dodgy Indian estate agents!!!!

Any one else out there?