Property Lawyers In Delhi

The transactions involving property in Delhi could be complex as they involve a number of legalities as well as paperwork. And as new provisions such as RERA have been introduced by the legislature, proper procedures are required to be followed as well.

A property lawyer will help you deal with these chaos as well as provide useful insights in order to help with the whole process of buying the property. 

Who is a property lawyer ?

A Property Lawyer will help you put together and review necessary documents required for real estate transactions as well as negotiate the terms and conditions. A property lawyer shall assist you with matters such as enquiring about the the property title to resolving any dispute related to the real estate.

A Property Lawyer could be expected to be thoroughly aware of all the laws related to real estate in India such as the Transfer of Property Act, the Real Estate Regulatory Act (RERA),  state rules and regulations, Standardized Building Bye-laws, etc.

How does a Property Lawyer help ?

Some of the functions carried out by a Property Lawyer have been mentioned here under-

• Offering advice to the clients for various property related matters
• Drafting documents such as MOUs, lease agreements, license agreements, etc. 
• A Property Lawyer could be employed in law firms, government or public departments, RERA departments under the state governments, or even real estate companies.
• A property lawyer would perform due-diligence for different issues while   conducting search for property title, inquire about the share certificates and  oversee the ownership documents as well as help register the sale of property.
• A property lawyer would help with the compliance related services as per the changes in laws.
• Would assist with dispute resolution as well as settlements in district and higher courts as well.

When should a property lawyer be hired ?

A potential buyer must appoint a Property Lawyer to help negotiate with all the necessary  paperwork involved in the property transaction so as to make sure that every legality has been followed. A property lawyer would complete the steps discussed-

• Will Review the Title of Property

A Property Lawyer  would make sure that the seller of the property has a clear and transferable ownership right over the property in question. It is important that there is no pending litigation over the property and that the title of the property could be transferred.

A property lawyer would  also make sure that no pending litigation is there over the property, or any notice of requisition or notice of acquisition has been issued against the property. 

• Would ensure that all necessary approvals have been passed-

A property lawyer would ensure that all such approvals which are necessary for transfer of the property are obtained from respective authorities. Such approvals may include necessary clearances by the government departments including the land development authority, environmental authority, planning authority, income tax department, etc.

• Deal with Power of Attorney

It is observed that some developments are constructed on such plots of land which belong to multiple owners under the Power of Attorney. A property lawyer would take appropriate precautions when dealing with such one or multiple power of attorneys during the sale of a property. 

• To Prepare Sale Documents

A property lawyer would help draft various legal documents necessary when buying and selling property. Such documents include:

• Sale Agreement – It is the primary legal document required to be signed between the buyer and the seller including the necessary terms and conditions, as well as other terms including the breach of contract on part of either party
• Conveyance Deed – It transfers the title, ownership as well as the rights over the property from buyer to seller. 
• Registration – after the process of sale of property and transfer of ownership has been completed, the property lawyer would register the deeds with the registration office, which would make the entire deal as legally binding.
• Would help Manage Disputes

In case any dispute arise during the course of transaction, the property lawyer would help you deal with it and ensure that your interests are not harmed.

How to can one find property lawyers ? 

• Word of Mouth- One of the best way to search a property lawyer in Delhi is by word of mouth. Your  trusted friend or acquaintance will be able to suggest such property lawyer who has already successfully taken care of property matters for them in the past.
• Searching Online- you may also look for a successful property lawyer by searching online. But it is advised to be careful when searching online, as it may be difficult to assess the competence of the prospective lawyer. You may look for reviews for the lawyer to understand his pros and cons. Sharks of Law is a single platform which offers you a team of experienced advocates who could offer you legal counsel for matters related to property matters.  
• BAR Association:

When selecting a property lawyer for real estate matters, it is important that you appoint one who has the necessary qualifications such as a law degree and the technical  knowledge related to the property matters in your state. 

Conclusion

For a common man, it may not be possible to have complete knowledge about the necessary property laws as well as procedures in their state. However, such knowledge is absolutely important so as to make sure that you are not being cheated or get involved with something illegal. Appointing an expert lawyer will be the safest course of action so as to deal with these transactions.

Sharks of law offers you a team of experienced property lawyer, who could offer you necessary legal counsel for the same, thus if you are planning to buy or sell some property in Delhi, experienced advocates such Adv. Tanvi or Adv. Kansal could help you with the entire process.

Email:-helpdesk@sharksoflaw.com

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