For a safe transaction when selling a flat in Mumbai with a sale price of Rs. 1 crore or more, follow these steps:
Register your agreement to ensure legal protection. Request payment through bank transfer for traceability. Avoid large cash transactions.
Include clauses for payment milestones (e.g., token amount, agreement execution, possession) and collect receipts for every payment.
Ensure funds reflect in your account before signing possession documents.
Have a professional oversee the transaction to prevent legal or financial disputes.
Get Assistance in Drafting and Registration of Sale Agreement & Sale Deed Via Legal Experts at NoBrokerRead More:
Where to Draft an Agreement for Sale?
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I am entering into an "agreement for sale " with the buyer of a flat in Mumbai, I am the seller. The buyer is not taking any loans. What is the safest way of taking "sale proceeds " of a flat when the cost is 1 crore plus?
Anonymous
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2023-03-03T09:17:03+00:00 2023-03-03T09:18:57+00:00Comment
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