Importance of legal due diligence in realty transactions
Real estate is a business where stakes are high and your life time savings are involved.
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Legal
Verify the papers
There have been many cases where the project gets a kick start and invites bookings only on the paper. The property dealer with their minor gains/commission advices the gullible buyers to put their money in the projects. The prospective buyer must take the help of a local advocate and request him to prepare a search report.
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