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The Impossible Quiz

Saturday, 21 May 2011

A Taste For Property Investment

Property Investment

 

Beware of the development structure where title can not be ensured, either individually or collectively to a society is, once delivered possession of the premises. Please note that the sale is legally questionable in the context of a proxy.

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Make sure that the construction of the property complies with applicable laws by asking for certificates such as completion, occupancy and NOC from right authorities. Also check for conflicts or disputes.

Check the access points and entry into the premises to install the existence of the subject of property management, maintenance and safety, an electrical load, power supply, the correct equipment on the terrace.

If the investment in a unit (office / shop, and not all commercial areas), should the holders to receive the same rights against the other owners of the premises, pay the rent with a stake of at least another owner, supply, so that to sell the termination of the lease with the unanimous consent of all shareholders have the ability or the mortgage instrument.
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Looking back pay and related stamp duty and register the sale in 4 months of implementation deed.

If you need help, you choose a reliable and competent. Always confirm the claims made by manufacturers or dealers and take second and third opinion before making a decision. Never take anything for granted, that ownership of the large investment required!


 

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