legal support and Property Product

What is the Procedure for property registration?

• The property documents that need to be registered, should be submitted to the office of the Sub-Registrar of Assurances within whose jurisdiction the property, which is the subject matter of transfer, is situated.
• The authorised signatories for the seller and the purchaser, have to be present along with two witnesses, for registration of the documents. (The signatories should carry their proof of identity.) The documents that are accepted for this purpose, include Aadhaar Card, PAN Card, or any other proof of identity issued by a government authority.
• The signatories also have to furnish the power of attorney, if they are representing someone else.
• In case a company is party to the agreement, the person representing the company has to carry adequate documents, like power of attorney/letter of authority, along with a copy of the resolution of the company’s board, authorising him to carry out the registration.
• You need to present the property card to the sub-registrar, along with the original documents and proof of payment of stamp duty. Before registering the documents, the sub-registrar will verify whether adequate stamp duty has been paid for the property, as per the stamp duty ready reckoner. In case there is any deficit in the stamp duty, the registrar will refuse to register the documents.

• Stamp duty is the tax you pay to the government for attaining legal ownership over an asset, while the registration charge is the fee to get this legal formality completed in the government records. Stamp duty varies from state to state.
• In most states, women are offered rebates or waivers on stamp duty payment. Note here that witnesses are quite important in the overall process.
• The two witnesses that you intend to present during the registration, will also have to establish their identity in front of the sub-registrar. For this purpose, they should also carry their ID proofs and their address proofs. Additionally, their biometric identity will also be scanned during the process.

What is a Property report?

A comprehensive, reliable and expert evaluation of your property documents. Highly skilled and experienced lawyers meticulously review each and every aspect of your property papers to ensure that you have the necessary information to make informed decisions. Whether you are buying, selling, leasing or simply reviewing your assets, the Property Report provides you with an in-depth understanding of your property's legal status, rights and obligations. With this detailed analysis, you can be confident that you are making the right choices, avoiding potential pitfalls and protecting your interests. The Property Report is your one-stop solution for all your property-related legal concerns. Get your Property Report today and take the first step towards a secure and hassle-free property transaction.

• A detailed review of all the documents by a Senior property Lawyer. (they may have to read around 200-300 pages for an in-depth analysis)
• Verifying property details with the Government records. (As and when required).
• Creating a continuity of the property paper trail and identifying missing papers if there are any.
• Creating a detailed verification report with senior property lawyer’s observation. After the report is generated, you will get a dedicated time slot with the senior property lawyer who will clarify all your doubts and help you understand the report in detail. All this is just within 5 days.

Service description:

• Property paper's detailed analysis.
• Property title search from the Government records.
• The expert will also do an extensive online search for the property
• All the property documents will be matched with records
• The expert will read all the papers to understand that if there are any financial liabilities or loans pending.
• Get a detailed written legal report of your property
• Documents in vernacular language will be acceptable. (This price is for one house/flat/plot. For a bigger land parcel you may reach out to us for a customised price quote)

legal support and Property Product

Sale Agreement

Sale agreement is a legal documents needed to be executed between the seller and the purchaser to complete the transaction at the time of buying a property. An executed sale deed shows that the property ownership has been transferred from the seller to the buyer.

Technically Sale agreement is that document which act as a legal proof that there is a property transfer happened. Sale Deed also describe all the key details of the property and ensures the rights and liabilities of each party.

The sale deed is drafted and printed on a stamp paper of a value as prescribed by the state government.

Drafting Process

STEP 1: Understanding property details and requirement:

Lawyer will discuss this with you.

STEP 2:Drafting of the Agreement:

Lawyer will draft your sale deed after an initial discussion.

STEP 3:Printing of Sale Agreement:

The Sale Deed shall be printed on a non-judicial stamp paper of the value as prescribed by the state government.

Deliverables

Our deliverables include:

• 30 Minutes of Talk-Time with the Lawyer for drafting/reviewing the Agreement
• First draft of the documents will be delivered to you within a maximum of 2 working days
• Post-delivery of the first draft – 2 Iterations per Document to incorporate your suggestions/changes
• Assistance of Registration by Senior Expert Property Lawyer before the Sub-Registrar office if you buy Registration product also.

Product Description:

• You can upload Sale Deed/Agreement to Sale documents for review by the Lawyer
• 45 minutes of dedicated consultation with Senior Property Lawyer
• Schedule time & date of consultation as per your convenience.
• Understand critical legal clauses of your document.
• Consult in your language.

legal support and Property Product

How does it work?

You can upload your document(s) after the payment is complete and choose your convenient time to discuss it. All the heavy lifting of reading, interpreting and understanding shall be done by the senior lawyers for you. At the scheduled time, legalkart’s system will auto-generate calls to connect you with the expert lawyer who will be ready with the document review for you.

Why do I need a document review?

In a busy schedule we never have time to read a lot of documents and specifically the legal documents. There are times when fine prints in an agreement remain unread and we realise it only when it hits us. It is always prudent to have your legal documents reviewed and understood in totality before you sign them. It will save a lot of time, money and mental agony in future if you are aware of the document's content in and out.