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Legal documents

prop_checklist

Checklist while buying property in India

Investment in realty is one of the most crucial and important decisions that a person has to take during his lifetime. Considering that it is one of the most expensive investments that a person engages in, with a sizable amount of his savings, it is important that it involves due diligence. Otherwise, one could end […]

ranjan.j

Your legal guide for sale and sale agreement.

What is a Sale agreement?

Property sale agreement or Sale agreement is a document in writing executed, signed and delivered by the parties to the agreement i.e. Seller and Buyer and witnessed by at least two witnesses. It is prepared on non-judicial stamp paper. In a buy /sale transaction for immovable asset, till the final sale deed is registered, sale […]

CommonFloor Editorial Team

Important documents to check before buying a house in Bangalore

A prospective buyer of flat or apartment in Bangalore, before entering into any contract with OR making any payment to the owner must verify the following documents. It is advisable to engage a competent legal professional and get the documents scrutinized by him. Mother Deed: It contains the chain of titles of the relevant house/apartment/ […]

Why to hire a property lawyer in India before buying a property? Part 3

After completion of searches, and confirmation of the clear and marketable title of the proposed seller, receipt of statutory due approvals and sanctions, as discussed in details in the earlier parts, the buyers’ lawyer has to proceed further to the next step(s) of the deal, as detailed below: Dealing with properties that involve “Power of […]

Why to hire a property lawyer in India before buying a property? Part 2

In continuation to the searches for title, records of rights and encumbrances/charges, as covered in the earlier part (Why to hire a property lawyer in India before buying a property? Part 1), further searches which must be carried out are given below:- Search for litigation:- It must be ensured that the desired property is not […]

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