Browsed by
Month: May 2022

Property Management
How S2NRI Help NRIs in Property Management?

How S2NRI Help NRIs in Property Management?

Comments 0 Comment

Property management is a practice of managing things involved in controlling, maintaining, and oversight of the apartment, house, bungalow, or any piece of land. These practices are applicable on residential, commercial, and real estate land.

Thanks to organized consultants and agencies that take care of these fixed assets as their own while adding more values like finding tenants!

Reasons why you hire S2NRI an NRI property management

  • Do the Paperwork

Renting a house requires police verification of the tenant. If possible, do seek the office identity of the tenant during screening for avoiding any problems in the future. Cover all necessary details like name, address, parents’ details, monthly rent, and all assets in the house. However, managing all of these things is cumbersome. Here, the expert non-resident property consultant can help.

  • Address Tenant Issues Easily

Tenant management can be a big challenge, and it can be more troublesome if you’re abroad. This process involves screening him, collecting rent, addressing disputes among different tenants, and maintaining the accommodation. Hiring a property manager can let you get off these challenges easily and quickly.

  • Odd Hour Requests

Requesting the landlord at 1 AM for letting in or sending a duplicate key can be difficult. Unaddressed odd-hour requests can lead to break-ins or evil practices. Apart from that, the sudden sewage blockage or fire, or short circuit may cause big trouble, which needs immediate solutions.

  • Legal Support  

NRIs emigrate, which makes tenancy management difficult. There are many legal concerns associated with paperwork, tenant screening, renewal, and eviction for being unable to pay rent. From distance, managing these things is not possible. Here, Services 2NRI comes into play, which offers legal and liaison services to NRIs. This is how we protect them from hassles that often appear in managing the property.

  • Property Maintenance & Repair

The most obvious reason to hire a property management agent is its timely maintenance. Not only does it keep the real estate maintained, but it also attracts prospective tenants who become ready to pay a high rent. From mending a wall or plumbing to renovating the entire premise-all matters associated with it can be resolved in a short period.

  • Enable Tenants to Manage Supplies

Most of the real estate management agents have contacts with vendors in the local area, which enable tenants to manage supplies of goods and services effectively. Property managers assist in availing housekeeping and supplies of commodities via trusted contacts of vendors, merchants, or suppliers.

  • Evicting Tenants without Hassles

Making tenants vacate the NRI property can be a nightmare. It requires patience, experience, and effective strategy. The property managers foresee the prospective challenges like delaying rent or confiscating the house. They take all legal steps before accommodating a tenant, which covers on-paper screening, renting, and rules to stay in. These practices help in maximizing rental income with the least requirement of any legal action. Besides, you may revise the rent as per the market trend.

  • Rental Income Tax

Rental income from the property in India can be taxable, as it is categorized as a capital income. You may find paying property tax tedious because it requires a lot of paperwork, forms to avail claims, and visiting the tax department frequently.  Here, you cannot do the plus and minus on your own. So, you need an expert advisor. Hire us to get end-to-end assistance on property-based tax deductibles.

  • One Time Investment for Lifelong Income

Property is the only thing that does not perish. Nor does its value decline. It consistently rises. The non-resident community requires professional support and consulting over its valuation and modification updates. This knowledge can improve the rental income, impacting maintenance and insurance costs.

  • Fill the Gap Between Tenant and Landlord

Property management in India needs expert managers who have all capacities and clarity over the related matters. Their expertise can help non-residents resolve real-estate-related matters over the phone or by physically visiting there if required. In addition, these experts can easily discover fake excuses or over smartness of tenants by arousing sympathy at the time of rent payment.

  • Consistent Source of Rental Income

The non-resident community often invests in real estate for seeking passive income. This is a bumpy way, which has a ton of hassles, especially in paperwork. A property management consultant can enable them to own and manage it effectively for a regular passive income without personally handling tenancy and legal responsibilities.

How does Services 2 NRI help emigrants manage property in India?

Services2NRI has been here for years, addressing non-residents’ concerns about tenancy and property management. We understand how challenging it is to effectively manage your farmhouse, apartment, or any property remotely. Our legal experts and consultants help you to have a peace of mind while having end-to-end assistance in:

  • Buying & selling
  • Utility bill payments
  • Statutory Payments
  • Property Monitoring
  • Rental Agreement Assistance
  • Property Management – Others
  • Encumbrance/ Khata/Patta, 7/12 Certificate
  • Tenant Management/ Vacating Inspection

How to protect NRI property in India?

Deploying a property manager can help you in protecting the property in India. He can help you with all of the following things:

  • Discover Verified Tenants

Accommodating a house requires a tenant. But, this can be a wrong decision if no proper verification goes on. The screening is necessary, which cannot happen remotely. Here, the experienced agent can help in screening the tenant properly if he has a clean record.

  • Regular Check-up of the Property

There may be the case of an unconstructed or vacant property. These agents can regulate the monitoring of your property to check if the property is intact and unoccupied. In case of any illegal acquisition, these agents timely inform and protect the property.

  • Timely Rent Collection

Calling tenants every month is annoying. Hiring an expert can take this responsibility, and you just sit back, having peace of mind while adding more capital through a passive source of income (i.e. rent) every month. The utility bills are also paid by them on time.

  • Fix Interiors and Maintain

Renting out your fixed asset can help you keep your house maintained cost-effectively. Moreover, it’s not a painstaking experience to personally come down here, compromising on work and investing a massive amount in your property maintenance. The professional consultants support in all of these matters while saving hundreds of dollars.

  • Liability Payments

Leasing out a property pushes you to monitor the timely payment of utility bills. The experienced consultants take all responsibility for coordinating your liabilities like property tax & khata, etc.

How to Easily Get Document or Certificate Attestation
How to Easily Get Document or Certificate Attestation?

How to Easily Get Document or Certificate Attestation?

Comments 0 Comment

Immigration requires a ton of legal formalities. You have to abide by norms or rules set by the country’s foreign affairs ministry. Every country has this kind of setup, which makes it like a walkover to manage emigrants and migrants easily.

The main body that helps in managing it easily is the embassy, which every country has located in the capital cities. However, it is for offering convenience to people who are or are likely to move in or out of the nation.  There are a few more things that it assists you with. These can be issuing emergency passports, replacing or renewing your passport, issuing a birth report of non-residents for registering, filling up taxes, and notarizing personal, commercial, and education documents.

The one thing that is compulsory for all of these documents is attestation. Without it, you cannot obtain permission to get through the country.

Let’s understand what it is.

What is the attestation of documents?

Attestation refers to legalization or apostille. This is actually the process of verifying the authenticity and validity of documents. Certainly, this is a big responsibility that only a competent authority should perform. Being a matter of legal concern, a legal body takes care of document attestation. Mostly, the A-grade Gazette officer besides the court magistrate or district magistrate hosts this verification power.

Simply put, the attestation of documents or certificates is a matter of the respective designated authority, especially of A-grade or level in any country. A stamp and the signature of the competitive authority signify that the document has been verified. The foreign embassy accepts it as being credible and trusted.

Before discovering the process, let’s get through the types of attestation practiced in India.

How to Get Documents Attested from Different Authorities?

The following steps and types of attestation can help you to easily get documents attested:

1). Notary Attestation

Notary attestation is carried out by a notary public, who is an authorized person to check the authenticity of certificates under the Notarial Act. These can be personal (Birth Certificate, Death Certificate, marriage certificate, Single Status Certificate, etc.), educational (Transcript, Marksheet, & Degree), commercial papers (ITR, MOA, etc.)

In all, the notary public certifies the genuineness and proper execution of personal documents. This authentication is called notarization, which prevents fraud. He can administer oath and also attest affidavit from a person.

How to get HRD attestation solution?

You may reach the notary public office to request for the legalization of any affidavit or paper. Then, he would thoroughly examine the originality and true intentions. Once satisfied, he moves to getting a stamp and signing your document.

He offers paid service, which means the affiant has to pay a certain fee against the verified document. In addition, he may request for traveling allowance at INR 5 per kilometer.

2). Home Department Attestation (HRD)

This is a state’s affair, which means that the state ministry deals with the authentication of all papers that are categorized as personal. These can be the certificate of marriage, birth, non-availability of birth, single status (bachelorhood certificate), death, and divorce papers.

The HRD legalizes the aforesaid documents before sending it to the Ministry of External Affairs (MEA).  A layman cannot straightaway approach this ministry. He or she has to follow a hierarchy in this regard, which requires HRD verification before any other attestation.  The registrar checks the credibility and authenticity of diverse papers.

How to get the HRD attestation solution?

This process is the next step of notarization. Upon that, the authoritative person thoroughly verifies the originality & validity of your paper. Once confirmed, he certifies your document.

Normally, this process takes a week or fortnight if the presented paper. This service is also chargeable.

3). SDM Attestation

SDM expands for a Sub-Divisional Magistrate (SDM). This legalization of personal and educational documents requires an official stamp and signature from the Sub-Divisional Magistrate. It is requisite in the absence of home department attestation.

How to get an SDM attestation solution?

The government designates a sub-divisional magistrate where the state ministry is not formed. Being an alternative to the State’s HRD attestation, it requires the applicant to visit a notary public office first. Once legalized from there, the applicant can directly visit the SDM office around 9 in the morning to request for verifying a particular personal or educational paper.

This service is also payable. The charges may differ as per government norms, which are revised over time. Generally, this service can be finished in a week or a month. In the case of non-residents, it may be a month-long procedure.

4). Chamber of Commerce Attestation

As its name suggests, you may require attesting papers, such as business transactions overseas. This procedure proves that the company’s papers, like Modification Of Share Capital Attate Attestation, Tourist Licence Registration Attestation, Quotation Attestation, and a few others are genuine.

How to get the chamber of commerce attestation solution?

The applicant can directly visit the Chamber of Commerce for getting your commercial documents legalized.  It won’t take long to have this service for being attributed to commercial purposes.  It may take a week-long time. However, some factors may delay this procedure.

5). Ministry of External Affairs (MEA) Attestation/ Apostille

This is the most crucial and significant legalization step, which is a must-have. The concerned office is the Ministry of External Affairs (MEA) which verifies, validates, and finally puts the signature of the ministry, approving your request.

The same department offers apostille services, which are meant for the people who are likely to visit the member country of The Hague Convention (1961). There are 101 states of the world associated with this convention. People likely to visit any of these states have to get their documents apostilled. Once done, they don’t need further attestation.

Here, you must consider the fact that the person cannot directly visit and request for the attestation /apostilling of any personal, educational, or commercial documents. There are some outsourcing agents like Services2NRI that represent you to get your documents attested.  You may approach us or any of the agents online, raise a request, and then, share your document(s) to be attested.

This is mainly helpful in authenticating documents like birth/death/marriage certificates, Affidavits, Power of Attorney, degree, diploma, matriculation and secondary level certificates, etc. in accordance with the international obligation. An apostilled paper should, therefore, be treated as a legally accepted document.

How to get the MEA attestation solution?

This process trails legalization from the notary, SDM, and State or HRD department of the state. The applicant may hire an outsourcer to avoid hassles and delays. Furthermore, start following the given steps.

Online process

  • Applicant can visit Services2NRI.com.
  • Get registered with the website.
  • Upload the documents as per request.
  • Pay the requisite fee for the service.
  • Get the receipt and check the status.
  • Have delivery in a few days, possibly in a week or a month.

Offline Process

  • Applicant can physically approach us or any other outsourcing agent.
  • Submit documents to the agent.
  • The agent will visit the Branch Secretariat/ RPOs.
  • Pay the fee for the service.
  • The apostilled/attested documents will be dispatched.
  • The agent may also deliver to you.

Here again, the charges may differ for each document and also can be revised over time by the ministry. You may inquire about the same thing from the authority.

6). Embassy Attestation

An embassy represents a country, whose headquarter is mainly located in the capital of a particular foreign country.  The applicant can directly reach out on the scheduled date. You may schedule when to visit there. Reach with all documents with you to get the stamp from the consul.

How to get the embassy attestation solution?

This process is the last phase, wherein the applicant must have to follow the hierarchy of the steps, as aforementioned. It covers the authentication from the notary public (which is optional), the state’s HRD or SDM (in case the HRD is absent), and the MEA.

whatsapp this is link