When working as a real estate agent, you must be good to review ownership documentation as part of the list and sales process. This is the documentation that will hold the advantages and disadvantages of the sale and list of goods. Buyers will want to know everything about the property before making an offer and it is the agent that the questions will be directed towards.
A large part of the registration and inspection process is therefore to ask your questions and search for details. In many cases, the owner will tell you things about the property, but there are times when they do not really know or do not want to tell you the whole story of the property.
The real estate agent should therefore have a list of questions they pose relating to the enumerated property. If you want it to be a checklist. What we will do here is to give you some advice on legal issues that are part of the control list issues.
The checklist is below gives you some of the current and wholesale problems for more details on. Since each property is unique and different, make sure that no other question exists.
The title of the property must be searched. Add to that a lease search and other congestion that occur on the title. It is necessary to read and identify key problems; This will be part of the disclosure of sales documentation.
The property of the property must be valid and legally correct. Do you get instructions for sales of legal owners?
Ask the property owner about interest, claims, opinions or non-registered orders that may exist on the property. These are things that could affect the property or settlement of the title.
Get the survey and schedule the details of the property because it will support your identification of the title property limits. Are there any problems with the limits of neighboring properties?
Inspect the premises and improvements on the property. Create a schedule for these questions so that the owner certifies as correct.
Understand where all property documentation is owned and especially leases and licenses that can apply to the property. It is wise to inspect these documents before the list. They can present problems that require a resolution.
Ask questions and opinions of heritage, environmental and professionals that may exist on the property. If in doubt, go talk to the local planning office on the local council for more details or check validity.
Are there property disputes that apply to property improvements? Are there any items on the property that are not belonging to owner ownership on the title?
Where are the bank guarantees and other security obligations under the leases held and what is the detail of such?
Are there existing rental incentives that are still active on the property? They will have to be tabulated and disclosed in the sales process.
