It is never too late for a property seller in the realty market. Since there is a growing number of buyers and investors in the Gurgaon property market, the price of the estates are always increasing. You would not have to be too lucky to get a good deal. As an investor you are sure to get every opportunity to sell property in Gurgaon.
But, while you sell property in Gurgaon, you are recommended to be careful about few legal aspects of property transaction. The following are some legal aspects to be considered while you sell property in Gurgaon.
Tips on How to Sell Property in Gurgaon
You must ensure that the property you are selling is in your name. You have rights to sell property in Gurgaon and you need not have to ask for anybody's permission for it.
The deed of the property should be checked by a lawyer for legal conformation.
At the time of selling property you must produce the release certificates of all the previous owners of the property including yours.
You are also entitled to present the sales deed to your purchaser so that your buyer can ascertain that the property you are selling in Gurgaon does not belong to any society, builder, development authority and such.
Very important of all is that you must ensure that all kinds of payments related to the property like the property tax, electricity bills, water bills and such are duly paid. Gather all the receipts as your buyer would be asking for it during the final payment for the property.
Before you settle down for the agreement, you should make up your mind for selling the property to the agreed person at the price that has been mentioned in the deed. You would not be able to sell the property to some other buyer or charge a higher or lower price than the price mentioned in agreement.
Registration of the agreement is the legal proof that the transaction has actually taken place. The registration is usually done with the Sub-Registrar of Assurance under the provisions of the Indian Registration Act, 1908 within 4 months from the date of execution of the document.
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