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Why is TIR important for property buyers?

At Team IN Filings, we understand that the process of buying a property can be overwhelming, and that’s why we offer Title Investigation Report (TIR) and property verification services to ensure that our clients make informed decisions about their property purchases. Here’s a brief overview of the verification process we follow to create a comprehensive TIR report:

Here are some of the roles handled by our advocate:

  1. Conducting due diligence: Our advocate conducts a thorough investigation of the property to ensure that it has a clear title and is free from any legal encumbrances or disputes. This helps our clients avoid any legal issues that could arise from a faulty title or incomplete ownership records.
  2. Drafting legal documents: Our advocate prepares and reviews legal documents such as sale agreements, purchase agreements, and other property-related contracts to ensure that our clients are protected from any legal liabilities.
  3. Advising on property-related legal matters: Our advocate offers legal advice and guidance on all property-related matters, including land acquisition, property registration, and property disputes.
  4. Facilitating property transactions: Our advocate helps facilitate property transactions by ensuring that all legal requirements are met, and that all parties involved in the transaction are protected from any legal risks.
  5. Agreement to Sell: We start by reviewing the Agreement to Sell document to ensure that it’s legally binding and that all parties involved in the transaction have agreed to the terms and conditions of the sale. We verify the identity of the parties involved and ensure that the sale price is fair and reasonable.
  6. Absolute Sale Deed: We then review the Absolute Sale Deed to ensure that the transfer of ownership is legally valid and that the property has a clear title. We verify that the property has been registered with the appropriate authorities and that all previous owners have given their consent for the sale.
  7. Construction Agreement: If the property is under construction, we review the Construction Agreement to ensure that the construction is being carried out as per the agreed-upon terms and that all necessary permissions and approvals have been obtained from the relevant authorities.
  8. Other Documents: We also review other relevant documents such as Encumbrance Certificates, Khata Certificates, and Property Tax Receipts to ensure that the property is free from any legal disputes or liabilities. We also verify that the property is not involved in any pending legal cases.

Based on our review of these documents and our investigation into the legal status of the property, we create a comprehensive TIR report that provides our clients with a clear understanding of the legal status of the property. Our TIR report includes information on the property’s ownership history, legal disputes or liabilities, and any pending legal cases related to the property. This helps our clients make informed decisions about their property purchase and ensures that they are protected from any legal risks associated with the property.

Our Title Investigation Report (TIR) is designed to help buyers mitigate the risks associated with purchasing a property. Our TIR report provides a comprehensive analysis of the property’s legal status, ownership history, and any potential liabilities, ensuring that buyers have a clear understanding of the property’s legal status. This helps buyers make informed decisions about their property purchase, protects their interests, and minimizes the risk of legal disputes. In addition.

our TIR report can also be used to secure loans from banks and other financial institutions and helps to protect the property from any potential legal challenges. Overall, our TIR report is an invaluable tool for buyers, providing them with the peace of mind and confidence they need to make a smart and informed decision about their property purchase.

If you’re planning to buy a property, we highly recommend that you obtain a TIR report from a legal professional to ensure that you’re making an informed decision. At Team IN Filings, we offer comprehensive TIR reports and property verification services, and our team is always available to provide the support and guidance you need. Please feel free to contact us to learn more about our services.

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About Us

Team IN Filings is a Tax & Law house in Bengaluru specializing in company matters, income Tax Gst, Trademarks Startup India, etc.

Our expert company secretary, tax consultant, CA, and Trademark agent provide Taxation, Registration for Companies Accounts Audit, Legal compliance, etc.

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