Tips before buying and selling property
A major part of obligations and legal relations between people is related to real estate transactions. which, as a result, includes a significant part of the lawsuits in the judiciary.
For the transaction and purchase and sale of property, land and business units, it is necessary to know the legal points related to it, so as not to have problems after the transaction. don't be In this article from Malek Ara, we discuss the golden tips of real estate transactions.
The status of the parties to the transaction
For the validity of any transaction, it is necessary that the parties have characteristics and qualities. For example, there is an intention to trade or the parties are wise and mature. Because it is not correct to deal with people who are not wise and mature.
The status of the property document
During property transactions, the document must be seen and checked completely. Many properties do not have separate and single-page documents, or in some cases, there are several properties together and have a single document that separates these properties and sells them.
Full review of the property of the transaction
The buyer of a property must inspect the property in detail and without any compliments in order to be fully aware of its advantages and disadvantages.
Inquiry from the relevant organs
Sometimes the seller of the property sells the property with a power of attorney or does not know about the status of the property regarding whether it is agricultural or in its seizure and mortgage in the bank. In connection with the seller's power of attorney, inquiries will be made to Jihad Kazarvi about whether the property is uncultivated and the central bank regarding whether the property is not mortgaged.
Coagulation of the contract
The parties must clearly and unambiguously agree with each other regarding the property and conclude it in writing with the presence of at least 2 witnesses.
Required contents of the contract
In the contract concluded between the parties, the details of the property and its belongings must be fully stated. For example, mentioning the size of the property, the price of the property, the method of payment and delivery of the property, everything that is included and considered to be inside the property must be specified.
Insertion
Establishing the right of termination for the buyer or seller helps a lot so that they can unilaterally terminate the contract if the other party violates their obligations.
The installment of the transaction price
Regarding the breach of promises and breach of obligations that may occur in any contract and the loss of trust in the society, it is necessary to take precautionary and preventive measures in the contract against the loss or the occurrence of any fraud or such cases. It should be done by the buyer. One of these actions is to set the installments for payment and set the deadline for its payment. Also, in accordance with the law, the seller can determine damages for non-payment of any installment or terminate the contract in case of right of termination.
Failure to Delivery Property Until the Full Payment Payment and Set the Document
Breach of promise and breach of obligation is not only on the part of the seller, and the buyer may not adhere to his obligations.
Also, it is recommended that the seller receives the contract amount in cash and avoids receiving checks as much as possible.
