Transfer of property
Are you feeling anxious about the amount of complex paperwork included in property transfer? Are you confused about the lengthy and complicated process? Are you rethinking your decision?
You are aware of the fact that multiple documents are required while both selling and buying. Through Sale Deed, it assures that the process is legal and is sans any fraudulence. It ensures that the property is sold after following all legal obligations. It is only through this that the actual owner of the property is known and other details about the owner.
Only after the deed is signed then the process is finally completed. It is through sale deed that the seller would transfer the property rights to the buyer. After it is transferred and the deed is done that the buyer has the new ownership of the house. Only after both the sellers and buyers comply with all the arguments and clauses that the sale is complete. Both buyers and sellers should be satisfied after the deed is done.
The document is valid proof of the transfer of property ownership. Nonetheless, the sale deed is on a non-judicial stamp paper which is set by the government. It states in detail about the property transaction taking place. Whatever the deal including mortgage, lease and others the paper would have Deed of Sale written on itself.
Here are the important 5 tips that will definitely help to sell your home faster.
1. Information about the parties involved
You should be aware and check if your sale of deed contains all the necessary information. Both the parties involved should have all their details penned down correctly. Take time if it is required. Make a list of the question if they are not clear.
2. Details about the property
The property which is involved should have all the necessary details about itself mentioned. The number of rooms, bedrooms, back doors, area, front doors, balconies, garage and other details need to be mentioned in this piece of paper. Don’t forget to check the condition.
3. Details about the agreement
All the details about the initial cost and the agreed amount should be included. Any other details like mode of payment and others are also to be mentioned. As a legal document, it has to abide by certain laws and legalities. If the clause has written in a twisted manner then we would recommend you to clear it in front of the lawyer. Avoid confusion for the better deal.
4. Signing the final deed
The final signing of the deed would include the transfer of property rights and acceptance of all agreements. It would notify that both the parties have come to a satisfactory consensus. It will also ensure that the amount has been paid in full and there is nothing on hold.
5. Registration of the deed
During the deed both the parties have to be present at the sub registrars office in person. They would also have to be accompanied by two witnesses on either side. The signing of the deed would ensure that the deal between the parties is finally closed.
It Might Be A Long Process But It Will Help You Be Safe And Secure. You Would Avoid Fraudulence And Can Sleep In Peace. Forever Remember “Owning A Home Is A Keystone Of Wealth…Both Financial Affluence And Emotional Security.
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