Start networking and exchanging professional insights

Register now or log in to join your professional community.

Follow

When buying a house from the owner directly, what must be done to insure that the deal is clean and legal?

user-image
Question added by Salam Assi , Customer Service Officer , Etihad Bank
Date Posted: 2017/12/07
ايمن محمد عاطف محمد
by ايمن محمد عاطف محمد , Director of the control and regulation unit , ACOLID

See the assets of the property papersTrack property documents if there is more than one buyerInquire about the property to make sure it does not have any mortgage or booking and otherInquiry about real estate registrationInquire about the property in the government agencies affiliated to the property to view the licenses and all the papersPrepare a purchase contract with a lawyer to ensure that all rights are proven

Syed Tariq Qamar Ali
by Syed Tariq Qamar Ali , Administration Assistant

Make sure there is No Lein on the house and its under his/her name and everything is clear on the papers. So, there shouldn't be any issue at all when transferring documents under your name.

Mohammed Awad
by Mohammed Awad , Operations Coordinator - Jordan and Iraq (Consultancy) , Lutheran world federation

You dont want to buy it through a broker, you have to check the morgage of the house if any and you need to make sure tha you are buying it from the owner of the house.

More Questions Like This

Do you need help in adding the right keywords to your CV? Let our CV writing experts help you.