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What are legal issues while buying property?

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Buying property in India involves several legal considerations to ensure a smooth and secure transaction. First, it is crucial to verify the

title of the property

to ensure that the seller has clear and marketable ownership. This involves checking the chain of ownership, encumbrance certificate, and any outstanding loans or disputes. Second, the buyer must ensure that the property has the necessary

approvals from local authorities

, including building permits, land use permissions, and compliance with zoning laws. Additionally, properties purchased from builders must have

RERA (Real Estate Regulatory Authority) registration

, ensuring transparency and accountability. It is also essential to examine the

sale agreement

for clauses related to possession timelines, penalties, and other contractual obligations. Other key considerations include checking for

stamp duty and registration fees

, verifying that property taxes are up to date, and understanding any applicable

inheritance or tenancy laws

. Consulting a legal expert to perform due diligence can prevent future legal complications.

  Get your legal woes resolved by experts at NoBroker. Fill in your details to get a seamless property investment experience.

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Advocate Apurva

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