Write your reply...minor things to check while buying a property well as a business owner there are many things that you need to check while buying a property these things include the quantity of the product you are buying
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I know of a friend who would jump at any chance gotten to buy any form of property at a cheaper rate without caring to find out why, until he brought an iphone at a very cheap rate which turned out to be stolen, it was a serious case if not for the fact that he had witness who knew he brought the phone. This is why it's good to find out the reasons that property is being sold.It is always very important to know the reason the person wants to sell the property before you purchase it and the documents is also important.
Key legal checklist for buying a property
- Property documents checklist.
- Verify the identity of the seller.
- Conversion and land-use permissions.
- Construction approvals.
- Occupancy certificate.
- Status of tax payment.
- Encumbrance.
- Physical survey and access to the property.
Very nice question to answer by the owner and the buyer needs also to know the background of the property whether it is flood prone or not.This might not be a minor thing but something to check is things like the legality, was the house built with the right papers and has it been properly registered.
In this part of the country more liable to flooding, you will be doing yourself good if you check if the house is built on water ways. You should also consider the neighbors around whether they are the noise making and trouble making types.