Mirror Now
@mirrornow·2.2M subscribers·145K videos
How to sell an under-construction property?- Property Hotline
Posted
July 20, 2016
Views
4,192
Likes
25
Engagement
0.60%
July 20, 2016
4,192
25
0.60%
Every word spoken in this episode is indexed. Type any phrase to jump straight to the moment it was said.
Type any word or phrase that may have been spoken. Click a result to seek the player to that exact moment.
Try a name, a topic, or a quoted line
See what was published immediately before and after this episode.
2:41Now PlayingBe Un Confused
Expert: Vinay Singh, Legal & Tax Expert.
Question: I purchased an apartment in Prestige Fern Residency, Bengaluru during the pre-launch stage in 2013. I want to sell it. It will be ready-to-move-in within 3 months. What is the procedure involved in selling an under-construction property? How can I collect payment from the buyer?
Answer: I assume you now have some kind of agreement. Generally, agreements in Karnataka are two-fold.
1) For constructing the flat for you
.
2)Transferring undivided interest in land.
Ensure both are in place properly stamped and registered. Next, confirm that there is no clause in the agreement preventing you from selling it at this stage. Tripartite agreements are not legal strictly speaking. Collect your consideration on or before signing and registration.
Sentinel Indexing in Progress
Metadata and chapters are available. Claim extraction for this episode is pending.
All video content is delivered via YouTube embedded players in accordance with the YouTube Terms of Service. Sentinel provides research tools that promote discovery and accountability across political media.
