Precautions to be taken by purchaser of house property while drafting sale agreements
Real estate developers, quite easily are able to hoodwink the poor homebuyers by plotting a sales agreement that works in their favor. Sales agreement or customer agreement is a legal document which confirms the deal between the dealer and buyer. Both the party signs the agreement indicating that they agree upon the terms and conditions mentioned in the sales deed. Developers, often deceitfully mispresent some terms and conditions that make the homebuyers instinctively fall into the trap set up by them. Most of the time, the sale agreement does not include essential clauses and misguide the customers. Instead of benefiting the customers, the sale agreement leads to heavy loss. There is no fixed format of sales agreement, it varies from city to city, developer to developer and so on. Hence as a homebuyer you have to be very cautious about each move you take. After all, home-buying is a huge investment, any wrong step or hasty decision can cause big loss.
https://www.lawweb.in/2014/01/precautions-to-be-taken-by-purchaser-of.html
