Title: Property Dispute Resolution Tips by Expert Lawyers
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Property Dispute Resolution Tips by Expert Lawyers
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How In order to save themselves from mental
stress and other troubles, people intende to buy
or sell a property.In this content, we explain
the tips as advised by expert property dispute
lawyers
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1. Carry Out A Proper Title Search
A title search is one of the most vital parts of
any property transaction. Buyers must engage a
real estate dispute lawyer to check whether the
seller has the legal right to conduct the sale of
the property.
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2. Sellers Must Disclose Material Facts
Another common cause of conflict in such
transactions is the failure on part of the seller
to disclose material fact(s). Many people hide a
fact related to the real estate asset they are
selling as it can affect the final price
negatively.
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3. Purchase Contracts Must Be Customized
Many people feel that hiring a real estate lawyer
in India or anywhere in the world for framing
purchase contracts is a waste of money. They
depend upon standard templates to do the job
which leads to issues in the future.
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4. Know Who Should Retain The Deposit
A conflict over the initial deposit paid for the
sale arises in case the deal is not closed
successfully. Both parties argue about who should
be retaining the deposit amount. Get a property
dispute lawyer to frame a detailed clause listing
all the possible conditions due to which the deal
cannot be closed.
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5. Ask For Written Permission From Co-owners
Some property transactions are hampered by a
dispute between the joint owners of the asset.
Many co-owners do not possess a clear knowledge
of their rights and obligations towards the asset.
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