Real Estate Legal Service For Property Buying &Selling is a Real Estate Business [RELSE] related legal advising firm in India serving for the welfare of the property buyers and the sellers in India and in other Countries. RELSE which is giving valuable legal advice to the Real Estate Agents, Brokers, Buyers, Sellers and Agents. RELSE is Real Estate & Legal Service Agency offers assistance in prep
aring contracts for the purchase and sale of residential and commercial real estate, contract review, negotiation, and the drafting of clauses specific to a transaction as per the existing law in the concerned State and the country. Caveat emptor is a Latin term that means "let the buyer beware." In other words, the principle of caveat emptor serves as a warning that buyers have no recourse with the seller if the product does not meet their expectations. While caveat emptor is no longer the rule for consumer. In the Real Estate related dealing most of them though well educated are not well aware of their legal terms and conditions that are to be written in the contract or in an agreement while having a property dealing. Buying or selling a property with knowing its terms and conditions will be stronger and benefits to both buyers and sellers. We can assist in drafting the contracts, agreements, MoU [Memorandum of Understanding] Giving legal opinion to the bank related to a property for the loan and the hypothecation these clauses so that your clients’ interests are protected and limit the liability to you, the real estate agent. If your client or the other party would like to negotiate some unique terms into the sales contract, call us today for a free consultation. Often for a minimal expense, your buyer or seller can protect their interests in the transaction. The problems of the landlord and the tenants also will be dealt and give a amicable solution by the legal advice. Lawyer is paying vital role while drafting a sale agreement. Estate agents / builders have draft agreements of sale which they give you and you may think that a lawyer is not required. That would be a grave mistake. Most agreements drafted by Builder's Remember if tomorrow there is a litigation, the court is not going to ask you as to what was agreed, they will read the contract. Your contract is extremely important and should be drafted by a lawyer. The following documents are required to be carefully seen while seeking a bank loans. The bank will also demand the following documents.
1) Blue print of the plan from the builder (In case of flat / constructed property)[not relevant for land]2) Commencement certificate[not relevant for land] 3) Completion certificate [not relevant for land] 4) Permission for Non agriculture use of land If land is originally agricultural, permission from revenue authority is needed.5) 7/12 extract in case of land property [specific to Maharashtra or some equivalent in other states] 6) Previous sale deeds in case of resale 7) Builder's No objection certificate [not relevant for land]
