PROPERTY AGREEMENT
PROPERTY AGREEMENT
Basically the property agreement which acts as a protective agreement for the owners. The terms and conditions which serve to prevent misunderstandings and resolve disputes between them. By having the well drafted documented agreement it acts as a shield from any other fraudulent activities and unauthorised deals. Property agreement is necessary for any deals such as selling of property, loan or applying for the mortgage.
- Sale deed
- Property title opinion.
Sale deed registration :
Registration of the Sale Deed gives authority to the property to protect the buyer from legal disputes. The sales deed can be used as evidence in court if any infringement takes place against your property to ascertain legal protection registration of the sale deed is compulsory.
It gives the buyer full access to the property. It allows the buyer to mortgage or rent the property with full rights which is only possible if the sale deeds are registered.
Property title opinion :
The main purpose of the Title Opinion is to provide the assurance or the guarantee to the buyer and the lender about the title of the property, which is free from the legal issues, liens and other issues that affect the value and the ownership of the property.
It helps to reduce the risk of fraudulent activity, certain encumbrances of the property and parties’ interests in the potential risks of the property.
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