Property transfer
1 year ago
Hi,
I am planning to purchase land and all discussions we had but I have query that he is in hurry and wish to make agreement/transfer in next 2 days. I feel that we have to issue notice/advt about transfer of property so that we should not have any problem in future.
Please let me know what procedure should I follow and what if we purchase property without any notice.
A.Dear client,
Please contact a lawyer before you sign those agreements. It depends upon what type of deed you are getting into.
If its a transfer deed,
Mostly referred to as an assignment deed, it is used when transferring the existing property title to someone else. Here, the owner transfers not only the property rights to the transferee but also all the benefits arising out of it. Moreover, it is not mandatory to register the transfer deed but should be signed in the presence of two witnesses.
Please contact a lawyer before you sign those agreements. It depends upon what type of deed you are getting into.
If its a transfer deed,
Mostly referred to as an assignment deed, it is used when transferring the existing property title to someone else. Here, the owner transfers not only the property rights to the transferee but also all the benefits arising out of it. Moreover, it is not mandatory to register the transfer deed but should be signed in the presence of two witnesses.
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A.Dear Client
May I know what notice issuance you are talking about. When you are buying a land or for that matter any property then you need to ascertain well that the seller is the real owner of the property and he has not sold it to anyone else meaning the property along with the original documents are still in his possession.
If required you may take the help of a lawyer for property search before you sign the docuements.
May I know what notice issuance you are talking about. When you are buying a land or for that matter any property then you need to ascertain well that the seller is the real owner of the property and he has not sold it to anyone else meaning the property along with the original documents are still in his possession.
If required you may take the help of a lawyer for property search before you sign the docuements.
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