answersLogoWhite

0

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)

User Avatar

Wiki User

13y ago

What else can I help you with?

Related Questions

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.


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.


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


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.


What is a foreclosure under contract?

That means a lender has executed a purchase and sale contract on a property it owns by foreclosure and a sale is pending.


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.


What does a trustee sale officer do?

A trustee sale officer facilitates the sale of properties in foreclosure, overseeing the auction process. They ensure compliance with legal requirements, manage notifications to concerned parties, and handle the bidding process. Additionally, they prepare and record the necessary documentation to transfer ownership of the property to the winning bidder. Their role is crucial in ensuring that the sale is conducted fairly and transparently.


What is a PTA instrument in property sales?

A PTA (Property Transfer Agreement) instrument in property sales is a legal document that outlines the terms and conditions for transferring ownership of a property from one party to another. It typically includes details such as the purchase price, payment terms, and any contingencies involved in the sale. The PTA serves to protect the interests of both the buyer and seller during the transaction process, ensuring that all parties understand their rights and obligations.