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. A contractor-buyer contract must be developed by a lawyer who has experience in establishing legal documents for the sale and purchase of real estate. However, the agreement must contain the following provisions in order to provide full protection to purchasers and contractors if one of them violates the agreement that Legistify provides legal services by the best document lawyers in order to have a legal agreement reviewed, if only on the slightest omission or omission. RERA has significantly changed the Indian real estate sector. Pending implementation, the agreement generally included land assets, details of authorizations/permits received, and the length of the permit at the same time as the period before the property was handed over, amenities/installations, additional penalties/payments in certain circumstances, etc. For ongoing projects, the agreement would have information on the housing/housing number, soil, wing area and costs, as well as completion time. The agreement could contain a clause allowing the owner to change the number of square metres of the apartment. If he has gained weight, he calculates a supplement. “What`s changing is not the carpet business, it`s the super-sector,” says Anuj Sood, director of Sood Properties, based in Noida.
“You can pay 10 to 15% more at the end, while the benefit may be marginal or nil for you in terms of the extra area.” 3. If the owners do not complete this work within the time frame set out in the above provision, the owners pay on the owner`s choice, but without prejudice to the other legal rights of the owner and other provisions of the owner, damages liquidated to the extent of Rs…. per day (but subject to a ceiling of 2% of the total amount of the contract payable by the owner under this agreement) for the period between the specified period for completion of the work. The owners expressly agree and authorize the owner to deduct, if necessary, from such liquidated damages from a staggered payment due and to pay to the owners within the meaning of this agreement. When you buy a house in Thane, an agreement is reached between the buyer and Thane owner and developer. The document contains the clauses agreed by the owner and the buyer regarding the purchase of the house. The document is called “Builder-Kuufer-Vereinbarung”. When buying a property of prestigious owners in Thane, whether for personal use or as an investment the buyer must keep this document. The document is also very important from a legal point of view.