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Q.

I paid token money to buy property, can I ask specimen of agreement for my serial.

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0 2021-12-30T08:33:40+00:00

Hey there,

One of the most important things you must keep in mind during your property buying journey is the agreement. From sale agreement, registration to rental agreement, the process of buying a property is technical.

Token amount is also known as ‘advance deposit’ or ‘earnest deposit. If you have paid a token amount to buy a property in accordance with a verbal agreement. You can get a 

notarised document as proof that the token money has been paid to the seller and also lay the ground rules for the purchase.

This could safeguard your interest until a purchase agreement , title deed or registration of the property is done.

If you want help with end to end legal processes including the scrutiny of technical documents and reports, Check out NoBroker Legal Services. 

If you want help with getting the best loan that you possibly can. Check out NoBroker Loan Services.

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