In order to protect themselves from the malicious and unilateral provisions of the owner, homebuyers must obtain the agreement of the owner`s buyer developed/examined by the best documentation experts, so that the agreement protects the buyer`s interest and holds the owner to account in the event of a breach of contract. Construction schedule: the period during which the owner provides the property to the buyer must be indicated. A construction time bar indicates when the buyer takes possession of his or her property. This clause is important because it also determines when the buyer has the right to file a complaint against the owner for late ownership. There are many things you need to keep in mind when buying a home. The agreement between the buyer and the owner is such a thing. It`s the only document that protects your own rights, so you should read it carefully to be clear about everything from the start. This is one of the most important legal documents for every home buyer. This contract has all the necessary conditions that buyers and contractors must respect based on their objectives. The terms and conditions mentioned in this document also protect your rights as a buyer, so you do not overlook the importance of these. After the introduction of RERA, the agreement between the owner and the buyer must have clearly defined all possible terms and conditions in the agreement. All RERA-registered projects should list the same projects.
Both parties must now ensure that the agreement complies with the rules established by RERA and that the project is also registered under RERA. Legistify offers legal services by the best documentation lawyers to have the slightest probability of errors or omissions on a legal agreement checked. Closing certificate: the municipal administration finds that the house/housing/unit is compliant and complies with approved plans. The contractor`s purchaser contract states that the owner must present the closing certificate when the property is handed over.