Aekum Realty Simplifies the Process
Property transactions are significant investments, and having the right legal documents is crucial to ensure a smooth process. At Aekum Realty, we understand the complexities involved and aim to simplify property dealings for our clients. Here’s a guide to the essential documents every buyer or seller should be aware of.
Key Legal Documents for Property Transactions
- Sale Deed
The sale deed is the most critical document that establishes the transfer of property ownership. Ensure it is registered at the sub-registrar’s office to make it legally binding. - Title Deed
This document confirms the seller’s ownership of the property. Verify that the title is clear and free of disputes before proceeding with the transaction. - Encumbrance Certificate
This certificate proves that the property is free from legal or financial liabilities, such as loans or disputes. - Property Tax Receipts
Ask for up-to-date property tax receipts to ensure there are no pending dues. - Building Approval Plan
The seller must provide the building approval plan sanctioned by local authorities to ensure the property adheres to zoning regulations. - Occupancy Certificate (OC)
An OC certifies that the building complies with all legal requirements and is fit for occupation. - Agreement to Sell
This preliminary agreement outlines the terms and conditions between the buyer and seller before the final sale deed is executed. - Possession Letter
Provided by the seller, this document confirms the date of property possession transfer to the buyer.
Why Choose Aekum Realty?
Navigating legal complexities can be daunting, but Aekum Realty offers expert guidance at every step. From document verification to transaction closure, we ensure a hassle-free experience for buyers and sellers alike.
Conclusion
A well-documented property transaction safeguards your investment and prevents future disputes. By understanding and securing these essential legal documents, you can confidently move forward with your property dealings. Trust Aekum Realty for expert assistance in making your property journey seamless.
Happy investing!
Your Real Estate Investment Partner, Aekum Realty
Why is the encumbrance certificate necessary?
It ensures that the property is free of legal and financial liabilities, offering peace of mind to buyers.
What happens if the property lacks an occupancy certificate (OC)?
Without an OC, the property may not be legally habitable, which can lead to future legal or financial complications.
Who is responsible for property tax clearance?
The seller is responsible for clearing all property tax dues before the sale. Buyers should verify this with tax receipts.
How does Aekum Realty assist with legal documents?
Aekum Realty provides end-to-end support, including document verification, ensuring that all necessary paperwork is in place for a secure transaction.
