Friday, June 27, 2008

BASIC LEGAL DOCUMENTS CHECKLIST TO BUYING A RESIDENTIAL FLAT IN HYDERABAD - BY NITHIN REDDY MEKALA

BY NITHIN  REDDY MEKALA

1.Agreement for Sale
2.Leave and License Agreement
3.Development Agreement
4.Mortgage Deed
5.Certificate of Title
6.Transfer Deed
7.Surrender Deed
8.Tenancy Agreement
9.Power Of Attorney
10.Indemnity Bond
11.Release Deed
12.Encumbrances Certificate
13.Approval from Local Regulatory Authorities (example: DTCP, HUDA, HADA)
14.Documents pertaining to Co-op Housing Society
15.Agreement to Sell and Purchase
16.General Power of Attorney
17.Special Power Of Attorney
18.Affidavit
19.Receipt
20.Will
21.Possession Letter
22.Change of Address
23.Appointment of Proxy
24.Nomination Form
25.Indemnity Bond
26.Agreement to Sell and Purchase (Flats)
27.Rent Agreement
28.Indemnity Bond on Rs.100/- stamp paper
29.Special Power of Attorney on Rs.100/- stamp paper
30.Transferor's Letter to Society
31.Declaration in support of possession on Rs.20/- stamp paper
33.Undertaking for Stamp Duty on Rs.20/- stamp paper
34.Covering letter to Society from Transferor & Transferee
35.Intimation to Society about purchase of shares of Society