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04-28-2011, 11:22 PM #1
Fixer Upper
- Join Date
- Apr 2011
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- 12
Property purchase legal issue
I want to purchase a new house so what kind of documents i need from a person whom i am going to purchase .
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05-01-2011, 03:59 AM #2
Fixer Upper
- Join Date
- Apr 2011
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- 18
get help from a professional
If you don't know what you are doing there are numerous potential problems with buying property without the help of a professional with experience and training. Real estate agents and lawyers can help. Yes, they will cost you, but they may save you a lot too.
Basically, all you need to convey property is a deed from the owners to the buyer, but what's in the deed is what counts (and the title policy, appraisal, survey, etc)
Through the years I've seen some amazing homemade deeds that didn't have anywhere close to the legal effect that the parties had desired.
Richard Duncan
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05-03-2011, 05:28 AM #3
Banned
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- Apr 2011
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- 58
In a particular family, buying land property, home or commercial real estate is one of the most important decisions you will ever make in life. People before returning and return have plenty of legal issues to consider. Laws affecting return vary from State to State, making it particularly important to know what can and can't be done on the instance returned.
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05-09-2011, 11:07 PM #4
Condominium
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- Sep 2010
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- 149
It would be best to inquire with the real estate agent or agency that is handling the sale of the property. They have all the information and documents pertaining to the property with them. If you do not want to use a real estate agent, you will still need the services of a real estate lawyer to draft agreements and contracts. If you are unfamiliar with the legalities of the home purchasing process, do not undertake this process alone.
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05-10-2011, 04:36 PM #5
Banned
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- Jan 2011
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- 169
I'd suggest you consult with a Real Estate Agent. Because if you will just push through without any knowledge then the possibility of problems arising would be huge!
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This is very much depended from place to place if you are in Uk then you might need a HIP certificate and the EPC certification then transfer certificates legal clean chit and legal notice of property transfer, agreement paper a little more thing...
This can be a bit tricky work and i would highly advise you to take a attorneys help in this or better hire an attorney that work out for you.
If you contact real estate companies (reputable) there will be people advise you according to your cases...
Edited by Real Estate CRM Providers...Last edited by Chief Tutor; 05-19-2011 at 08:49 AM.



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