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Take care of property transfer papers.
Change in property ownership or transfer of property in such a process which involves plenty of paper work. Special attention should be paid to all the paper work so as you are not cheated by malafied intention of any party. Let us explain you some documents which are required at the time of a deal.
While Buying Property From a Developer:Every bank and some financial institutions keep with them a list of developers. This list is prepared after verifying their credibility. Here you are required to see the following documents only:-
Agreement to selllease agreement with bank or financial companyReceipts of all paymentsWhile Buying a Freehold Property:At the time of transfer of freehold residential property, you are required to possess some important documents. Only them the transfer process shall be treated as complete otherwise incomplete documents will only create a problem for you:
Copy of the sale deed under which seller got the ownership right of the property.
Copies of all sale deeds of the property executed till date to verify the names of all buyers.Agreement to sell.Receipts of all payments made by the purchaserCopy of new sale deed for registrationWhile buying a flat from original allotee of a group housing society.Here is a list ... more

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