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How to verify your property purchase documents without professional help?

Homebuyers can easily verify and substantiate the property purchase documents without taking any professional help and also without consulting any lawyer for the particular purpose.

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How to verify your property purchase documents without professional help?

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  1. How to verify your property purchase documents without professional help

  2. Homebuyers can easily verify and substantiate the property purchase documents without taking any professional help and also without consulting any lawyer for the particular purpose. There is still lack of transparency in making a deal of property which created mostly by the developers. It is better to take help from lawyers and check out all the required documents thoroughly. People should be careful about making their sales agreement with all care and this should be the first priority in buying a property. Developers usually provides a pre-existing agreements to the buyers but buyers should check that before signing. It should contains all the contents about the product. If all the details are not present in the deed, then the buyers has the liberty to question about the absent clauses and all confused areas in the agreement should be cleared by the developers. This is mandatory that a copy of the agreement and documents should be present with the buyers so that it can be stated as evidence in legal action. 1. Buyers need to check : The agreement should contain all details of the sellers including PAN CARD details, name, address, bank account details for further assistance. This should also contain the information about the property, administration division or collectors land records number. The agreement should have two respective witness from both buyers and sellers side. 2. Title documents: The details of ownership transfer should be mentioned in the documents by the seller. The transfers and heading the possession over to new owner should be done in legal with attested manner. It should be mentioned in the documents that all the debts and dues of the property are cleared till the date of transfer.

  3. The agreement will help the buyer from all clauses of disputes till the possession. 3. Date of possession: Date of possession is the day when the buyer is going to take property from seller and become the new owner. The buyer get the possession of the premises and surroundings and the seller is bound to handover the property on date as mentioned in the agreement. If the seller is not doing so then the buyer has the authority to raise complaint against the seller. 4. Payment schedule: It is a maintenance chart of payment which denotes that how much amount is to be paid and at what date it is to be paid for the property dealings. If the payment is done in instalments then the specific times are mentioned with all details. The agreement should have all the declaration about the payments and also about the mortgages if done. 5. Termination: It is a mandatory part of the agreement when a general code of conduct should be maintained by both parties of the property and when it is not obeyed by them. If the termination by convenience is a clause mentioned in agreement then both the parties can end the agreement at a specific time. 6. Dispute resolution: It is a part of the agreement where any disputes can be solved with litigation of both the parties. The disputes can be resolved through litigation of both the parties in alternative way. Or else it can be solved under adjudication and mediation.

  4. 7.Amenities: It is a clause mentioned in the agreement about all the additional facilities and benefits and also about maintenance charges paid for it separately. If there is any default in the amenities, the seller will be considered as breach of contract. 8. Penalty: It is the clause mentioned in the agreement about the penalties if any unwanted failure happens from both the parties. Mentioning all the clauses in the agreement helps a buyer to get involved in legal obligations and properties for resale. There is no scope for changes in any clauses of the agreement after the registration. Invest in Property in Kolkata and get the required one with all facilities and have a transparent dealing.

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