Owning a house is a joyful experience and a matter of pride for many. That is why home owners are often referred to as proud owners! For many people, buying a house is a dream comes true as it requires the savings of your whole life to get the title of the property. For others who consider a bank loan comes a hefty monthly installment which they have to shell out for the same.
There are often people who even have more than one property. The reason might be one of the following:
|Inherited property is the one which a person inherits legally being a legal heir. In layman’s language, it is when a person gets a property or share in a property which was originally owned by his or her parents. Such inherited property adds to the assets of the owner.|
|Real estate sector is a big industry which is perfect for making investments. Buyers with surplus money often invest in properties to sell them later on at an appreciated value when the market grows.|
|A leisure property is the one which might be bought with an aim to have a second home. For example, a big city family buying a property in a hill station or country side to visit during vacations for spending their leisure time.|
Ask A Librarian, Intellectual Property Research, 2 Lodge Road, Writtle, Essex, CM1 3HB.