The process of documentation in property purchase and sale

  • 2308 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.

2 Like

Similar news

"Port Baku Residence: A New Level of Luxury Living

Port Baku Residences is a residential complex located in the heart of Baku, setting the standards fo...

Avq 15, 2024 Read more

Selling Real Estate at a Fair Price and Urgently?

Why choose us? Because with us, you'll save time, nerves, and money. The steps are straightforw...

10 Okt, 2023 Read more

"İcheri Shexer" in the 21st Century

Located in the center of Baku, the unique historical site "Icheri Shexer" is the beating h...

İyun 22, 2024 Read more

Cities where the most expensive apartments in the world are located

  International Financial Centers The most expensive apartments are usually located in inte...

Okt 4, 2024 Read more