Check These Documents Before Purchasing A Commercial Resale Property There is a number of documentation you need to review before buying a business property, especially if it's being sold as is. Here, we'll examine it in more detail. Any business resale property requires a significant financial commitment and a tonne of paperwork in order to be purchased. Many investors favour resale commercial properties over underconstruction ones because they allow for immediate leasing and have a number of advantages. You should always double-check a few documents and details before making the transaction, though. Here is a detailed list of all of those.
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Document Name Sale Deed
Property Mother Deed
What/Why to Check Check the most important document from the property seller. It is documentation of the sale between the current and previous owner. Read the terms of the agreement carefully as it serves as the foundation for ownership transfer. It is the primary legal record that traces the history of the property's ownership from its beginning.