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Documents required for buying property
- Pan card (Permanent account number)
- OCI/PIO card (In case of OCI/PIO)
- Passport (In case of NRI)
- Passport size photographs
- Address proof
Q1. Who can purchase immovable property in India?
Under the general permission granted by RBI, the following categories can freely purchase immovable property in India:
(a) Non-Resident Indian (NRI)- that is a citizen of India residing outside India
(b) Person of Indian Origin (PIO)- that is an individual (not being a citizen of Pakistan or Bangladesh or Sri Lanka or Afghanistan or China or Iran or Nepal or Bhutan)
What else can I help you with?
What legal papers other than the purchase and sale agreement should be signed between 2 or more parties wishing to buy an investment property together?
purchase agreement
Property Sale and Purchase?
Property Sale and Purchase in Kharar has always been a hot topic because of the rates and kind of property you find here.
What does recalled in a sheriffs sale mean?
Recalled in a sheriff's sale means that the sale has been canceled or rescheduled for a later date. This could happen for various reasons, such as errors in the legal process or unresolved issues with the property.
Where can one purchase trustee for sale?
One can purchase trustee sale, such as foreclosure property. One important thing to note about buying the trustee sale, it is a cash only type of purchase.
Can one of three beneficiaries force a sale?
Yes, one of three beneficiaries can force a sale of the property if the interests of the beneficiaries are not aligned and the property cannot be divided equitably. This is typically done through a legal process known as a partition action, where a court can order the sale of the property and distribute the proceeds among the beneficiaries. However, the specific laws and procedures can vary by jurisdiction, so it is advisable to consult a legal professional for guidance.
Where can someone find property for sale in Hamilton Ontario?
There are many places where one could find property for sale in Hamilton, Ontario. The best places to purchase property for sale in Hamilton would be at a realtor's office.
Can you force a sale of a property if you have a benificial interest?
Yes, if you have a beneficial interest in a property, you may be able to force a sale through legal action, typically by filing a partition suit. This process allows co-owners or beneficiaries to request a court-ordered sale of the property to divide the proceeds. However, the specifics can vary based on local laws and the terms of the ownership agreement. It’s advisable to consult with a legal professional for guidance tailored to your situation.
What does PSA stand for when speaking about a commercial real estate sale?
In commercial real estate, PSA stands for Purchase and Sale Agreement. This legal document outlines the terms and conditions agreed upon by the buyer and seller for the transaction of a property. It typically includes details such as the purchase price, closing date, contingencies, and any specific obligations of both parties. The PSA serves as a critical framework for the sale process, ensuring that both parties are aligned on the transaction's terms.
Is illegal for a real estate agent in California to represent an investor in the purchase of a residential house that is in foreclosure?
NO! it is perfectly legal for a licensed Real Estate agent in the state of California to represent an investor client in their purchase of a property that has A) already gone to the bank i.e. foreclosure but as well B) a short sale i.e. a property that has had notice of default flied against it and is in the process of being foreclosed upon by the note holder
Can a forced sale of property by petition be revoked?
Yes, a forced sale of property can potentially be revoked, but the process and likelihood depend on the specific circumstances and laws governing the sale. If the sale was conducted improperly or if there are valid legal grounds, such as fraud, duress, or failure to follow proper procedures, a petition can be filed to challenge it. However, the success of such a revocation typically requires legal intervention and a thorough examination of the case by a court. It's advisable to consult with a legal professional for guidance based on the specific situation.
Where might one go to purchase property in Bulgaria?
To purchase property in Bulgaria, you would go to the Bulgarian Properties website. Once on the page, you can browse listings of property for sale online.
When a home's deed is transferred to another person do the contents of the house such as furnishings etc. convey?
Personal property does not automatically transfer with a deed for real property. In some cases the seller will agree to make the furnishings part of the sale but you must discuss that in advance of the sale and let your real estate agent make it part of the purchase and sale agreement.Personal property does not automatically transfer with a deed for real property. In some cases the seller will agree to make the furnishings part of the sale but you must discuss that in advance of the sale and let your real estate agent make it part of the purchase and sale agreement.Personal property does not automatically transfer with a deed for real property. In some cases the seller will agree to make the furnishings part of the sale but you must discuss that in advance of the sale and let your real estate agent make it part of the purchase and sale agreement.Personal property does not automatically transfer with a deed for real property. In some cases the seller will agree to make the furnishings part of the sale but you must discuss that in advance of the sale and let your real estate agent make it part of the purchase and sale agreement.
