Aavas Financiers Legal Officer Interview Questions and Answers

Q1. What is mortgage
Ans. 
A mortgage is a loan used to purchase real estate, with the property serving as collateral for the loan.
• A mortgage is a legal agreement between a borrower and a lender where the borrower receives funds to purchase a property and agrees to repay the loan with interest over a specified period of time.

• The property being purchased is used as collateral for the loan, meaning that if the borrower fails to repay the loan, the...read more
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Q2. Stamp duty for Registration of sale deed
Ans. 
Stamp duty for registration of sale deed is a mandatory fee paid to the government for registering a property transaction.
• Stamp duty rates vary by state and are calculated based on the property value or sale consideration.

• Stamp duty must be paid before the registration of the sale deed.

• Failure to pay stamp duty can lead to legal consequences such as penalties or invalidation of the sale deed.

• Stamp duty can be paid onli...read more
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Q1. How can used legal tools.
Ans. 
Legal tools can be used for research, drafting legal documents, managing cases, and ensuring compliance.
• Research: Legal research tools like Westlaw and LexisNexis can be used to find relevant case law and statutes.

• Drafting: Legal drafting tools like Contract Express can help in creating legal documents efficiently.

• Case Management: Software like Clio or MyCase can assist in managing cases, deadlines, and client communic...read more
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Q2. How can liaising to police station.
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Q3. In police station liaising depends of case nature.
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Online based aptitude test. Recruiters were overseeing the test. Everyone required to bring laptops for the same. (Campus placement). Contained basic legal questions from property law, criminal law, cpc, family law and constitution. Questions from current affairs and Gk as well. About 50 questions, some of them repetitive. Based on difficulty level I'd say easy to moderate if you're prepared. There are basic questions like what is Art 14, and a little bit complicated ones like maximum number of adjournments that can be made by a civil court.

We were required to select a topic of our choice based on consensus of opinion. There was no particular order to present our opinions or arguments, they let us get right into the discussion part. The recruiters specify the time limit. All you have to do is close the arguments and conclude by then.

Q1. Whether I'd be willing to work at the company long term, say three years or more.
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Q2. Whether I'd be willing to relocate to a place of occupation assigned to me by the company.
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What your expecting on me..

Q1. What your expecting on me.?
Ans. I am intrested to work & enjoying my pressure of job world.
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Q2. Strong counselling
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Q3. Positive attitude
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Q4. Problem solving ability
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Q5. Good in building & maintaining relationships
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Q1. Asked about education and experience background , told about work nothing questions asked
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Q2. Asked about family background
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Q3. Asked about experience
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Q4. Explanation about work
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Q1. Regarding stamp duty, ownership documents etc etc...
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Q1. Expectations n all..
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Civil and Criminal Laws