Insights Real Estate & Property

Key Questions Before a Property Transaction

Important questions about title, authority, approvals, payment structure, possession, and documentation before a property deal proceeds.

4 min readHulf Associates
Key Questions Before a Property Transaction

Important questions about title, authority, approvals, payment structure, possession, and documentation before a property deal proceeds.

Who legally owns the property?

Title documents, ownership history, identity records, and the authority of any representative should be reviewed before payment or commitment.

Are there restrictions or competing claims?

Check for mortgages, charges, litigation, tenancy, inheritance claims, acquisition notices, development restrictions, or other interests.

Which approvals are required?

The transaction may depend on society, development authority, municipal, tax, banking, or regulatory approvals.

How will payment and possession be documented?

Milestones, deposits, final payment, transfer, possession, default, and refund arrangements should be written clearly.