Tag: Real estate industry

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Property Legal opinion: How to find the Best Lawyers?

Best Lawyers for Property Legal opinion in Chennai, Tamil Nadu, India

Find the best Lawyers for PROPERTY LEGAL OPINION in Chennai, Tamil Nadu, India. Top Real Estate Advocates in our Corporate Law Firm offer the perfect Legal opinion for Property buying.

  • The Sale Deed
  • Mother Deed
  • EC – Encumbrance Certificate
  • Conversion archives
  • Khata Certificates
  • The pertinent endorsements – The design or building plan.

The Lawyer’s Property Legal opinion ensures all the documents are faultless.

Find the best Lawyers for PROPERTY LEGAL OPINION in Chennai, Tamil Nadu, India. Top Real Estate Advocates in our Corporate Law Firm offer Legal opinion for Property buying
Find the best Lawyers for PROPERTY LEGAL OPINION in Chennai, Tamil Nadu, India. Top Real Estate Advocates in our Corporate Law Firm offer the perfect Legal opinion for Property buying

Check the legitimacy of the property archives

The Lawyer proposes the purchaser check the legitimacy of the property archives. They Check the title by visiting the enlistment center’s office or Register Office. In specific cases, the lawyer may encourage the purchaser to publicize, in a newspaper. Likewise, The publication is about the purpose to buy the property. It is to abstain from getting into any cases. Getting a Conveyance (Sale) Deed verification by a legal advisor is a must. It is nothing but a Property Legal opinion. In other words, It will decide whether the land or house on which the property is present is exceptional.

joint proprietorship/Ownership Essentiality

A Property Attorney scrutinizes all the reports. In fact, He clarifies the systems of Single or joint ownership. Moreover, the Real Estate Advocate further investigates the joint advancement understanding. Also the provisions of the property development. The Real estate lawyer assures Property Legal Opinion that the purchaser gets a NOC from all the Absolute owners. Finally, He will examine whether the land is under Govt Acquisition under law.

In case the property is in Bank Loan, the bank legal advisor draws out a legal supposition. Such lawful suppositions are to remind people that they must keep in mind that it is to the bank’s advantage. Protect your earning and money, look for Good Property Advocate. They recommend you hear a free and fair legal point of view in the form of a Property Legal Opinion.

Transparency of the Property

A Property Advocate checks all the property archives and the abstract is a Legal Opinion. He also cross-checks them to keep up Fairness in the deal. He likewise assures that the property purchasing understanding isn’t uneven. For example the dealer, and remembers the purchaser’s advantages. It is vital that a buyer gets the first deed opinion of Real Estate Lawyers / Counsel. This is to ensure that the seller has given any right to an outsider on the property. The Property Lawyers also check if the seller has any untold truth about the property.

Advocates for Property Legal Opinion and Sale deed

Documents for Title deed scrutiny

Property Legal opinion reflects the title deed scrutiny for the below list of property documents.

  • Title Deed
  • Beginning Certificate
  • House Plan Approval
  • Encumbrance Certificate
  • No Objection Certificate
  • Sale Deed
  • Horticulture to Non-Agricultural Land Conversion Certificate

Title Deed

It is one of the most relevant things to check for Property Legal Opinion. As we as a whole know, it’s not possible for anyone to move the preferred title over what he himself has. A merchant can’t move his property to a planned purchaser if the title isn’t great. And liberated from any encumbrances or deformities. An individual who claims himself as the merchant can’t so sell his property if the property isn’t in his name. And he/she doesn’t hold any great title over the equal.

Title reports in sub-registrar’s office

For Property Legal Opinion, One can do a title search of property in a Sub-registrar’s office. The buyer can get all title records of the property. And the title archive for the properties may be old. They must follow Title reports thirty years preceding the date of scrutiny. The title ought must be from any disagreements about the responsibility. The title deed lets purchasers determine ownership rights. The seller ought to be the genuine owner of the property. Before buying a property it is a must to find the seller’s responsibility for the property.

Beginning Certificate

This testament is a basic one for any development of a property to start. This is a document of the town planning division in the wake of examining the structure format. Also, plan superstructure and so forth. The promoter ought to have all the basic endorses before starting to develop. This is another part of the Property Legal Opinion.

House Plan Approval

It is basic that you must have an assurance of the presence of the property and the endorsement. And furthermore in Property Legal Opinion, check whether the structure plans are approved or not. You ought to likewise verify whether any violation of structure bye-laws. The structure arranging and the format ought to be as per the rules of the National Building Code of India. The design likewise should be as per the standards of GRIHA. (Green Rating for Integrated Habitat Assessment)

Encumbrance Certificate

It is basic to know whether the property is free from any legal levy at all in Property Legal Opinion. Verify the encumbrances over the property at the Sub-registrar’s office. It gives all the foundation about the property on whether there is any home loan or case, liens, and so on. Take care while buying or putting resources into a property. An EC would have a record of the number of transactions in a specific time frame for the property. You must submit a copy of the Sale deed to get an EC. Fill in the form for getting the EC and submit it to the Sub-Registrar’s office.

No Objection Certificate

No complaint endorsements ought to be acquired anyplace fundamental. The merchant ought to give you a duplicate of the urban non-roof no-protest testament. And No Objection Certificates for water, power, and so on too.

Sale Deed

Before executing a Sale deed, the buyer ought to assure that the property has a free title in Property Legal Opinion. Sale Deed is one of the most significant authoritative reports. It is proof that expresses the property sale. It must specify the Shifting of responsibility from the seller to the buyer. Before executing a sale deed all charges care ought to be given to the way that a Sale deed should be enlisted.

Horticulture to Non-Agricultural Land Conversion Certificate

It is a must for you to make sure that the plot that you are busing isn’t an agrarian land. You cannot use any horticultural land for a private purpose. On the off chance, if it happens so, then it is an unlawful one. In fact, You must get a Conversion declaration to change the reason for land use from farming to non-rural. The town planning division needs to give a NOC for use of rural land for non-rural purposes.

Top Property Lawyers for the Best Property legal opinion services

Top Property Lawyers provide Property legal opinion services on various issues with regard to properties. This includes the following

  • Titles at the time of purchasing the property,
  • Review of sales transactions or partition,
  • Gift
  • The settlement
  • Terms of inheritance in the case of a dispute or litigation

This is a team of lawyers empaneled to give you Legal help and guidance to continue with legal issues. You can avail of our Legal Services party in Person as well as Online.

The Lawyer fees for Property Legal Opinion will range from Rs5000/- to Rs50,000/-. The Fees for Advocates depend on the number of working hours and Efforts of Attorneys.

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Sale deed: The Best Property Registration services

Lawyers for Sale deed | Best Advocates in Chennai | Rajendra Corporate Law firm

A sale deed is a document that has lists of clear details. ie., Price with terms and conditions upon which the two parties. In fact, This fulfills the agreement for the sale of the property. Rajendra Corporate Law Firm is one the best Real estate Legal service office in Chennai. 

Best Advocates in Chennai for Sale deed drafting

Chennai Advocates in Rajendra Corporate Law Firm offer various property legal services. They indeed cover all the legal support in the Real estate industry. Solicitors Draft the sale deed of land on a non-judicial stamp paper of fixed value. Of Course, the state government prescribes where the property rests upon. Every state has a different value of stamp paper when it comes to drafting sale deeds.

Stamp duty and charges

It is the buyer who must pay the stamp duty and the registration charges. For example, the Stamp duty for both Urban and Rural in Chennai is 7%. They calculate it in the market value or Guideline Value of the property. The registration charge is 1% market value of the property.

Buyers can pay the stamp duty online to make a hassle process. The buyer can buy an e-stamp of the correct value after creating an ID on the official website. The Stock Holding Corporation of India Limited (SHCIL) offers this Service. The seller must ensure that he clears all his dues to the property. This must be in progress before signing the final sale agreement.

For the sale deed to be legalized, it requires a few important details to be filled up.

What are all the types of deeds?

Besides selling a property, people also tend to lease their immovable assets. The agreement must mention if it’s a Sale deed or a Deed of Mortgage.

Sale Deed Preparation

Let us see the step-by-step process in this Real estate document drafting

Details of the parties involved :

The sale deed agreement must include the Following

  • Names of the buyer and Seller
  • Residential addresses
  • Age details of the parties
  • PAN numbers details of the parties,
  • Photographs with the parties (It must refer to as the seller and buyer in the agreement)
Description of the property:

The property’s description must include all the details. They are as follows

  • Property’s location
  • Number of rooms
  • Number of balconies
  • Plot area and construction area

The Solicitor must mention the above details in the deed of sale.

Sale agreement :

What is the next process after the mutual agreement of both entities? They must sign a sale agreement that precedes the property deed. The agreement states that both parties agree to buy and sell the said property. The draft must mention the details of the transaction like the date, advance paid, the amount due, and the mode of payment.

Transferring the title of property:

What will happen after signing the sale deed by the parties ?. The title of the property is transferred to the buyer. In this Transaction, the buyer will become the property’s legal owner with complete rights to the property.

Registration of the sale deed

Do you know the very crucial need for a sale deed to be valid, binding, and enforceable? Firstly, Both parties must sign the document. Secondly, it must be stamped as per the rule. This must be under the Indian Stamp Act of 1899 or the legislation by the respective state govt. Finally, You must register at the office of the jurisdictional Sub-Registrar. Moreover, This will happen upon payment of the registration charges. Of course, This is mandatory under the Registration Act, of 1908.

Void Transaction

An inadequately stamped and unregistered document or a document not made under the prescribed format will not be admissible as evidence and the transaction would become void until the statutory requirements are fulfilled.

Power of attorney

what you must do, If any party to the sale deed is unable to be present for the execution and registration? No doubt, a power of attorney holder can represent. Without a doubt, It is necessary to examine that the document is also duly stamped and registered.

What is the next step after authorization of the attorney by the seller?
  1. The Registrar will scrutinize the terms of the document to authorize.
  2. Execute and register the sale deed.
  3. Receive consideration
  4. Complete all the formalities for conveying the title of the property to the buyer.

The buyer is entitled to hold the original sale deed in the same fashion. This is evidence of his title and ownership of the property and for further sale of the same property too

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Contact Top Law firms in Chennai

Find the choose one of the top Law firms in Chennai to draft and register your Property sale deed. Contact Rajendra Corporate Law firm which provides all legal and litigation services with regard to Real estate.