Property Sales/Purchase related Legal Assistance
Property sales and purchase related legal services refer to the legal assistance that is provided to individuals or businesses who are involved in buying or selling property. This may include residential, commercial, or industrial properties.
Property sales and purchase related legal services are essential to ensure that the transaction is conducted in accordance with the law and that the parties involved are protected.
Registering the Sale/Purchase of the property: It involves recording the transaction with the relevant government authorities in order to establish legal ownership of the property.
The registration process involves several steps, including:
Payment of Stamp Duty: Before a property can be registered, the buyer must pay the stamp duty on the sale deed, which varies depending on the location and value of the property.
Execution of Sale Deed: Once the stamp duty is paid, the buyer and seller must execute a sale deed or agreement that outlines the terms of the sale.
Submission of Documents: The buyer must then submit the sale deed along with other relevant documents, such as the property title and proof of payment of taxes, to the relevant registrar of property.
Verification and Registration: The registrar will verify the documents and register the property in the name of the buyer. The registration fee must be paid at this stage.
Issuance of Registration Certificate: After registration, the buyer will receive a registration certificate that serves as proof of ownership.
Drafting Contracts Services:
It involves the preparation and creation of legally binding agreements between two or more parties.
Contract/Agreement include all the terms and conditions of a particular transaction or relationship.
These contracts/agreements include purchase agreements, Sale agreements, Rental agreements, deeds, and other related documents.
These contracts can be further registered with the notary public, it includes the process of having the notary public witness the signing of the contract and then affixing their seal and signature to the document to attest that the parties signed it in their presence. Notary public are authorized by the government to perform various legal services, including witnessing the signing of documents, certifying the identity of signatories, and administering oaths.