The common legal precautions that one can adopt before purchasing a plot or house:
Verify Ownership: Check if the person selling the property is the rightful owner and has the authority to sell it.
Conduct a Title Search: A title search will reveal any liens, judgments, or other claims on the property.
Review Zoning Regulations: Check if the property is in compliance with local zoning regulations and land-use restrictions.
Check for Encumbrances: Look for any outstanding mortgages, liens, or easements that may affect the property.
Conduct a Property Inspection: Hire a professional inspector to inspect the property and identify any potential issues.
Review Building Permits: Check if the property has the necessary building permits and that the structure was built in compliance with local building codes.
Obtain Homeowner's Insurance: Protect your investment by obtaining homeowner's insurance to cover any damage or loss.
Hire a Real Estate Attorney: Consider hiring a real estate attorney to review the contract and ensure that your rights are protected.
These are some of the common legal precautions that one can adopt before purchasing a plot or house.
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