Whether purchasing your dream home or investing in a real estate property, paperwork is an inevitable part of the deal. With plenty of legal terms to be aware of, one may easily feel overwhelmed upon hearing ‘sale agreement’ and ‘sale deed’. Though they seem similar, each has different roles. Simply put, the former is a promise, the latter is a proof. Knowing the differences between agreement to...
Sale Agreement
The Maharashtra Real Estate Regulatory Authority (MahaRERA) has introduced a key regulation that mandates the inclusion of real estate agents' fees, including commissions and brokerage charges, in the model property sale agreement. This regulation results from consultations between MahaRERA and the National Association of Realtors (NAR)-India. Their partnership reflects a push for a professionalized and...