Protect
your interests in a sale agreement!
Why
Choose Housingoutlook
HANDLING COMPLETE PAPERWORK
Get complete legal assistance for drafting the sale
agreement & getting it franked, drafting the sale deed and getting it
registered.
HASSLE-FREE
REGISTRATION
Standardized packages & door step document services for
convenience. Lawyers can serve anywhere in Vijayawada.
BANK APPROVED FORMATS
Verified property lawyers with 10+ years of specialization
will draft the agreements which are approved by nationalized banks.
CONSISTENT PRICES
& TIMELINES
Covers complete legal fees. Delivery within set timelines.
Excludes stamp duty, registration fee & miscellaneous expenses.
How
to Place Your Order
CHOOSE THE BASE PACKAGE YOU WANT
Base package covers drafting sale agreement & franking.
Then sale deed drafting & registration assistance in sub -Register office
SELECT YOUR ADD-ONS, IF NECESSARY
Select the appropriate add-on for getting certified copy of
sale deed or for registration assistance in rural areas.
COMPLETE THE PAYMENT
We will send the payment to the lawyer only after the
service is delivered to your complete satisfaction.
100% SATISFACTION, GUARANTEED
We will send the payment to the lawyer only after the
service is delivered to your complete satisfaction.
How
Our Process Works
PROCESSING YOUR
ORDER
On placing your order, you will be redirected to the
engineers’ address and phone number details.
SALE AGREEMENT
EXECUTION
Share the soft copies of property papers & get the sale
agreement drafted. The franked sale agreement is delivered to your door
SALE DEED DRAFTING
Get the sale deed drafted. Talk to the lawyers to
understand the process & to schedule an appointment at the sub-registrar’s
office.
DAY OF REGISTRATION
The lawyer will be present at the sub-registrar’s office
& will hand-hold you & ensure the sale deed registration gets done
Frequently Asked Questions
What is
sale agreement and why it is very important?
Property Sale Agreement is most important document. Sale
agreement contain mutually agreed upon Terms & Conditions between Seller
& Buyer for the sale of property. This agreement governs the whole property
transaction and is valid even after the sale. It is legally binding on both the
parties. There are two ways to execute the sale agreement a) franking and
notarization b) registration. Registration is highly recommended as it carries
more value in the court of law and makes the agreement water tight. Please note
either case you will have to bear 0.1% of the sale value as stamp duty.
What is
sale deed and registration?
Sale deed is a legal document that contains details of
transfer of property ownership from a seller to a buyer. This is one of the
most valuable legal documents while purchasing or selling a property. It is
executed at the time of actual transfer of property ownership at a
sub-registrars’ office. This document needs to be registered mandatorily and is
governed by the Registration Act.
What
are the different aspects that get covered in re-sale package @ Housingoutlook?
Drafting of sale agreement, Execution of sale agreement (if
appropriate add-on is ordered), Drafting of sale deed, Property registration,
Overall legal supervision and consultation. Please note this package doesn’t
include verification of property documents to establish the genuineness of your
property.
What
are the documents required for sale agreement drafting?
We will need copy of the previous sale deed, buyer(s) &
seller(s) details, transaction value and Mutation certificate. After placing
the order, you can upload the scanned copy of these documents in the order
page.
What
are the stamp duty and other expenses?
Stamp duty, cess and
surcharge area as per AP Govt stamp duty charges ( total consideration or
guidance value whichever is higher). Additionally, there would be a 1%
registration fee. There will be incidental expenses such as scanning charges
etc. Kindly note, the legal fees mentioned here is professional fees only and
does not include stamp duties, registration fee or any miscellaneous expenses.
These expenses have to be paid as per actual s by you.
How will the legal team help me on the day of registration?
The Legal Expert will
take an appointment with the sub-registrar office on a day convenient to you
and will be present throughout to handhold the process. On the registration
date along with Registration Paid Challans you have to bring original and photocopies
of the following documents:
You need to carry three
separate Paid Challans for Registration, Stamp Duty and User Charges fee in
favor of the concerned Sub-registrar.
Current year tax paid
receipt
Assessment details
standing in the names of the seller/s.
Seller(s) previous sale
deed.
Both seller, buyer and
two witnesses (above 22 years) should appear with I.D documents on the
registration date.
How do I pay the TDS?
The buyer has to deduct
TDS at 1% of the total sale consideration. Note that the buyer is required to
deduct TDS, not the seller. No TDS is deducted if sale consideration is less
than Rs 50 lakhs. If installments are being paid TDS has to be deducted on each
installment. Tax is to be paid on the entire sale amount. For example, if you
have bought a house at Rs 55 lakh, you have to pay tax on Rs 55 lakh and not on
Rs 5 lakh (i.e. Rs 55 lakh - Rs 50 lakh). This is applicable even when there is
more than 1 buyer or seller. For details you could follow the details guide
from the income tax department.
Do I need to book a
service by paying upfront?
Yes. the work is
complete to your satisfaction.
How long does it take?
The whole process takes
4-5 working days for our Legal Experts. Two to three working days for sale deed
drafting and review.
How can I share the
documents with the Legal Expert ?
we will coordinate with
you once you place the order.
How to order
housingoutlook services?
Follow this link to
view our catalog on WhatsApp: https://wa.me/c/917382222922