Meaning of KARAR / VAK

KARAR / VAK

Language - Tamil
Tamil Word - கரர் / வக்
A fixed or established estimate, often used in the context of land valuation or assessment for taxation purposes. It can also refer to an oral agreement or understanding between parties, although less binding than a written contract. While verbal agreements were common in traditional land transactions, written contracts are now essential for legal clarity and dispute resolution.

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