Property Purchase Related Query
I am planning to but a property from an individual. This is a new unused property and the owner has not registered the flat in his name. Owner and builder collaboratively would get us registered to the property, so that legally we become the first owners. Does this process seem correct? What are the checks we need to do? What documentation should be checked? Also, the owner had taken a load to purchase this property and claims that he has repaid the loan.
Free Legal Advice - others
Posted by: Bidisha Saha
Posted on: 2021-07-20
Dear Bidisha, the first thing that you must consider while buying is the legal principle of caveat empter which signifies that it is the buyer who has to be cautious while buying. Hence the following checks are inevitable for buying a property....1. Check the land records of the land in which the building is located....2. check the developer agreement if any and also if that is registered or not.......3. check if the building has completion certificate issued by the local authorities......4. if the concerned flat is under any charge or mortgage or not..... finally make sure that you do not rely on any unregistered document as far as immovable property is concerned. happy buying your new home.
Talk to Top Rated Lawyer
Some issues just cant wait. If you need a resolution right away, then use our quick consult option to speak with our Lawtendo lawyers immediately at a small fee of Rs 600.
Talk to a LawyerBOOK A SERVICE
Related Legal Questions
Free Legal Advice - others
I hired an individual who runs a firm for making maintaining and doing SEO of a website along with online advertisements. The person made the website but didn't do SEO,advertisements though he was paid money for the job. A certain amount was also given to be deposited in online wallet for advertisements which was not done. Now he is refusing to refund any money even which was given to be deposited in wallet. All the payments were made either through cheques or digital transfers. There had been no registered contract but an itemized quotation for the job was given. What are the options to take any legal action for the refund of n money that was paid and also the loss of Business that I incurred due to the work not being done. Can he be booked for fraud.
Posted by : Pooja
Posted on : 2020-06-04
Free Legal Advice - others
I am separated and living separately since last 8 months. I have a 10 year old son who lives with my wife. I have not applied for a divorce. I am in relationship with another woman. She has a 11 year old girl. I want to adopt the girl. Please tell me the procedure for the same.
Posted by : Ajay
Posted on : 2018-10-26
