How do I sell commercial property?
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Hello
I have some commercial property in Mohali, near Chandigarh. Now due to my work, I am shifting to Delhi. But before shifting, I want to sell my commercial property, and I have no idea what the essential documents are required for selling a property. And how can I protect myself from any kind of fraud or scam? Or are there any other precautions that i need to take before selling my property? -
To sell your commercial property, you must have the following documents:
Property title deed, Property tax receipts, Occupancy Certificate (OC) / Completion Certificate (CC) , No Objection Certificate (NOC) from bank which ensure that there is no existing loan or mortgage on your commercial property. Make sure all the documents are authentic.
To protect yourself, consider hiring a trusted real estate lawyer. Try to deal directly with verified buyers or through trustworthy agencies.
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Ok if all these documents and precautions are required, how can small property owners ensure a smooth sale without getting lost in so much legal and verification work?
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Many small property owners often find selling their properties to be stressful, but a skilled real estate agent can help by managing the legal and paperwork issues.
A document checklist keeps you organized, and early legal counsel can save you from future problems. All of this can make the process much smoother.
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