The process of documentation in property purchase and sale

  • 1630 man
  • Avq 17, 2024

The process of documentation in property purchase and sale

The proper documentation process during property transactions is crucial. It ensures legal security and helps prevent potential future problems. When buying an apartment in Baku, the first step is to verify the documents that confirm ownership. These documents include the title deed (kupcha) and other ownership records. The purchase agreement must be notarized, and the property must be registered with the state.

Additionally, it is important to check whether the property has any encumbrances (mortgage, court decision, etc.). Consulting a professional lawyer to clarify the legal status of the property is advisable to minimize legal risks during the transaction. Finally, clearly stating all details and obligations in the contract will protect the buyer's rights.

1 Like

Similar news

When buying a house, what should we pay attention to?

For sale and for your own living, houses are different. It is agreed that more trust is given to som...

10 Okt, 2023 Read more

#1 Apartament or house?

When everyone intends to buy a residence, they consider the question of whether the best place t...

Apr 10, 2024 Read more

Heydar Aliyev Airport through the eyes of architects.

Heydar Aliyev International Airport, located in Baku, is Azerbaijan's main international airport...

Sen 11, 2024 Read more

From the "Black city" - to the "White city"

Projects that began in the late 20th century opened up new perspectives for the city residents. Scie...

Yan 12, 2024 Read more