Agriculture Property

Property Search - Firstly, advocate should check requirement and condition of clients. i.e. What kind of property, where you want a land. Find a good land as per your requirement . Lawyer should Physical visit on land, and check the land, area, check ownership and check places near land, if any negative place or things are situated, its make a cause to reduce the value of land. If land is on facing of road, its raise the value of land. This all thing a lawyer/buyer should get analysis before dealing.

 

Due diligence - A party or lawyer should check and verified title document, deed, will, relevant document, land records of property. Party should verified, owner shown on document and real saller should be same. Public record shows, all land type, owner name and details, bank loan or any outstanding on land. 

 

Negotiating of land value - A person need to get knowledge of actual value of marketing of land. As per law, every property value is fix by Government. Party should check before purchase land, many time people demand high amount, as compare to value of land as per government. After valuation negotiate the amount as per situation and condition of land. 

 

Advance paid - After final the deal. Lawyer in his presence give advance by buyer some amount to seller. Generally, 10% amount of full value of land is given in advance. 

 

Agreement of sale - At the time of advance and final oral dealing, Lawyer should make written agreement between seller and buyer on stamp paper. In agreement includes all details regarding land and dealing, such as land details, buyer and seller details, advance paid amount, period for due amount paid, if refuse to complete this agreement by any one party, what condition impose on both parties.  all term and condition.

 

Payment - At the time decided, pay whole remaining amount to seller by buyer. It will be duty of lawyer/ buyer, that paid by chaque or taken acknowledge slip of whole paid up amount. 

 

Sale deed and registration - After full payment, registration of sale deed is mandatory. In registry stamp duty and registration charges imposed by government as per law according to value of land. So the advocate should knowledge of the same is required.  A experience lawyer can handle all process and some exception also available for client, he can apply for them. 

 

Mutation in agriculture Property - In agriculture land mutation is mandatory. In public record transfer buyer name in place of seller, is called mutation. If any buyer not transfer his name on public record, and another person again purchase same property by fake person. its make complicated for buyer, to proof his ownership without mutation before court in this condition. A advocate can compliances all requirement and mutation process fast and perfectly.