Which documents are to be verified before purchase of a Property? | |
Before you purchase a property, you have to have a TITLE & REVENUE documents search conducted by a competent advocate. You cannot do it yourself. It is a professional job to be done with professional assistance. | |
What are all the important documents one should check before buying an apartment (a flat) ? |
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You have to verify the approved layout plan, approved building plan, ownership documents, carry out search, etc. , You should get a legal opinion from a competent advocate . It is better to conduct a due diligence through a professional agency before you purchase a property so that you can have a hassle free transaction. | |
Who is liable to pay Stamp Duty while purchasing a property? | |
The buyer has to pay the stamp duty, unless there is an agreement to the contrary. | |
Can I buy a property/flat through a Power of Attorney (POA)? | |
Yes ! You may buy using a POA, provided the ORIGINAL instrument is available. |