PROPERTY PURCHASE AND SALE ASSISTANCE
At ABI Law Firm, we provide expert legal guidance for property purchase and sale transactions to ensure a smooth and legally sound process. Whether you are an NRI, investor, or homebuyer, our team ensures due diligence, compliance with property laws, and secure transactions.
Our Property Legal Services
We offer comprehensive legal support in the following areas:
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Title Verification and Due Diligence: Conducting thorough checks to confirm property ownership, pending litigations, and encumbrances.
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Drafting and Reviewing Sale Agreements: Ensuring the sale deed and agreement are legally binding and protect your interests.
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Registration and Stamp Duty Compliance: Assisting in property registration, paying appropriate stamp duty, and completing formalities.
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Legal Support for NRIs: Providing end-to-end assistance to NRIs in buying, selling, and managing property in India.
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Mutation and Property Transfer: Facilitating the legal transfer of ownership in government records after a sale.
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Resolving Property Disputes: Representing clients in property fraud cases, land disputes, and breach of contract issues.
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Loan and Mortgage Assistance: Ensuring clear documentation for property loans and mortgage agreements.
Why Choose ABI Law Firm?
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Comprehensive Legal Due Diligence: Ensuring property is free from disputes and legal complications.
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NRI Property Services: Specialized legal support for overseas buyers and sellers.
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Transparent Transactions: Protecting clients from fraud and hidden liabilities.
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Expert Negotiation and Drafting: Securing favorable terms in agreements.
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End-to-End Legal Support: From property search to final registration.
Frequently Asked Questions (FAQs)
What legal documents are required when purchasing property in India?
Key documents include the sale deed, title deed, encumbrance certificate, tax receipts, and government approvals.
How can NRIs buy property in India?
NRIs can purchase residential or commercial property but are restricted from buying agricultural land. Transactions must be done through banking channels per FEMA guidelines.
What are the risks of buying property without due diligence?
Risks include disputed ownership, legal encumbrances, unpaid dues, and fraudulent transactions. Legal verification is crucial to avoid such issues.
What is the role of stamp duty in property transactions?
Stamp duty is a tax paid to the state government to legalize property transactions. Rates vary by state and must be paid during registration.
How can I sell inherited property in India?
Sellers must first obtain a legal heir certificate or succession certificate, ensure clear title, and complete property mutation before selling.
What happens if property registration is not completed?
Unregistered property transactions are legally unenforceable, meaning the buyer may not have valid ownership rights. Registration is mandatory to complete the sale.