Protocol to be followed while buying second hand flat

106°

496
14
Last Comment 2024-05-05

rajatindia

2024-05-03

Is this the process as follow

1 get ecs to check if owners are true owner

2 transfer advance amount

3 get sales agreement. In agreement mention amount was transfer and mention registering date

4 1 week before register date prepare sales deed document

5 get ecs again checked

6 transfer remaining amount

7 get government register cost demand draft ready

8 go to registrar office with demand draft and owner

Disclaimer

We are not SEBI/IRDA registered. The information provided herein is for education purposes only. We will not be responsible for any of your profit/loss with this channel's suggestions. Consult your financial advisor before making any decisions.

13 Comments |

8 Dimers

Sort By

https://www.desidime.com/discussions/protocol-to-be-followed-while-buying-second-hand-flat?page=1#post_10055544

BAT_MAN

2024-05-03

Link Copied

Is bank/loan involved?

https://www.desidime.com/discussions/protocol-to-be-followed-while-buying-second-hand-flat?page=1#post_10056293

rajatindia

2024-05-03

Link Copied

Yes

View 4 more replies

https://www.desidime.com/discussions/protocol-to-be-followed-while-buying-second-hand-flat?page=1#post_10055682

Censuresh

Moderator

2024-05-03

Link Copied

assumes that you have taken care of genuity of the original /parent deed ,other documents

also assumes that you have taken care of any dues in taxes, society arrears etc,checked parking allotment letter etc

also assumes that you have taken care of the structural integrity of the building

3. exact date avoid. indicate a time frame. in case you cant make it on the due date

the agreement can become void and forfeiture of advance amount

6.Make the final payment as close to the registration time.

https://www.desidime.com/discussions/protocol-to-be-followed-while-buying-second-hand-flat?page=1#post_10056150

Tjs15

2024-05-03

Link Copied

you can approach a law firm that can do title search and give you the title chain. if there is any gap in the title you should avoid the transaction, if you're opting for bank loan the bankers are generally strict and do their own due diligence.