Q:
If I buy a property in this project and pay the whole amount lump sum then will the registry be done at that time only. Or this project is still not available for registry.
Hi Devendra, I think registration of any properties will take the certain time say 1 Month because it will issue from registrar offices and not from builder offices.
Thank you for your response.
15th June 2015
Hi Devendra, the property registration process may follow, following steps which will help you to understand the process...
1. The Seller
2. The Buyer
3. A Transfer Attorney
4. A Bond Cancellation Attorney
5. A Bond Registration Attorney
6. The Registrar of Deeds
7. The Estate Agent and the Mortgage Broker are generally involved early on.
Thank you for your response.
15th June 2015
Hi Naveen, the first and second step is related to selling or buying agreement. The property needs to move from the name of the Seller into the name of the Buyer. First, the Transfer Attorney, who is appointed by the Seller, prepares all the documents needed for registering the property transfer. The most important documents include the Title Deed and cancellation figures from the Bank, and a rates clearance certificate which serves as proof of payment for rates and taxes from the relevant municipality.
Thank you for your response.
15th June 2015
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