Raja Aristos Commonfloor: The Effective Way to Buy and Sell Properties

Earlier the invention of Internet, buying or selling a property was a frenetic task.  But, the online property portals a contemporary and more effective way to buy or sell properties whether it may be for your dream home, office space, or commercial buildings has made the deal easy.

Property Portals:  Property portals give a robust podium and create a simulated meeting point for property sellers and buyers. These portals comprises of various lists that provide information regarding major developers or potential buyers who are willing to sell or buy any type of properties respectively.

Online Property listings:  Property listings are a part of property portals that can also be considered as classifieds where the sellers add the details about their property that to be sold or rented.  With the growing realty estate and in order to attract more buyers, a space for buyers was also formed in the listing where buyer can leave their comments, views, and expectations about their desired property.

Convenient Property Search:  With online property portals, the traditional way of going out and finding properties diminished and with the invention of property portals selling and buying a property has become just a click away.

  

Saves time and energy:  The online property portals are designed in such a way that the buyers or sellers precious time is saved as well as both can meet each other anytime, anywhere with just one click.

Comprehensive Exposure:  Online property portals not only give listings and details of the properties but also provides with an option of virtual tour of the property by which the buyers can view the property online in 360 degree including the interiors, exteriors and the surroundings.

More reliable:  The online property portal gives both the buyers and sellers a complete control over the strategy of the realty market, as there will be no more a middleman in the deal of purchasing or selling a property.

Measures to Be Taken if There is Misplacement or Theft of The Property Documents - Raja Aristos Advice

If there is a theft, loss or any misplacement of the property documents it is an issue for property owners since no transaction will be processed without checking the original sale deed.

It is only one of the proofs of ownership of the property. If there is a loss of original document the owner must get the duplicate document so the chances of misuses will be decreased. Here’s how it is.

FIR: - The owner should file the First Information Report with the police as soon as possible. In the reports the loss, stolen or misplaced of the property document should be clearly mentioned.

Advertisement: - An advertisement stating the loss of property document must be published in the daily English newspaper and a vernacular newspaper. The owner should wait for at least 15 days to see if anybody finds the document and returns it.

Undertaking: - About the loss of the property document, an undertaking must be prepared on a stamp paper, along with the property details, an advertisement copy and the police complaint number. It must be registered and notarized.

Duplicate deed: - The owner must go to the registrar’s office, where his property was registered at the time of purchase, to get the duplicate copy of the sale deed. The entire relevant document should be produced at the registrar’s office and the requisite fee must be paid.

Points to be noted

The owner must maintain a copy of news paper advertisement, copy of complaint as proof of loss and action taken.

If the property is a mortgage and if the bank misplaces the document, it must be notified to the owner so that a proper action will be taken. Anyhow the bank must hold the cost to get the duplicate documents.