Property Documentation6 min read
7 Costly Property Mistakes — and How to Avoid Them
The recurring errors we see buyers and sellers make, from skipping diligence to under-valuing deeds.
After years of property work, the same avoidable mistakes appear again and again. Recognising them early can save you enormous cost and stress.
The seven mistakes
- 1Paying an advance before independent title verification
- 2Trusting photocopies instead of examining originals
- 3Ignoring the encumbrance and litigation status
- 4Under-valuing the deed to reduce stamp duty
- 5Failing to apply for mutation after registration
- 6Signing an agreement without reading every clause
- 7Relying on verbal assurances about boundaries or dues
Every one of these mistakes is preventable with a few days of careful diligence and the right professional advice.
The safeguard
Engage an advocate before you pay, not after a dispute arises. A modest fee at the outset is insurance against a loss that can run into lakhs.
Satish H. Pujara
Advocate & Notary · Ahmedabad
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