Buying a house or dealing with property is a huge milestone and a big step for anyone. Therefore, we always wish for it to go without hindrance or any hassle, legal trouble, or hurdles as such. The best way to avoid all such concerns related to buying or verifying or selling a property can be addressed by the related property lawyer or intellectual property lawyer. As a professional would have a thorough understanding of the laws related to the subject matter, hiring a property lawyer to assist the buyers and sellers will help avoiding unforeseen issues. Also, this could help guarantee that the transaction would go smoothly.
There are rules in some countries, where the attendance of an advocate at some specific times during the process of purchase, is necessary, so as to help the buyers understand the legalities and therefore, avoid any future disputes. The article below would help you have some tips on a few matters which you should be aware of when appointing property lawyers including ip lawyers.
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A property lawyer would be needed every step of the way.
The legal guidance from property lawyers would be required pre-purchase, during the purchase as well as even afterwards. A property lawyer would help you when as a buyer you wish to know if the builder has all the necessary approvals during the stage of pre-purchase. The buyer or seller will also have to be aware of the documents that you would have to sign during any transactions. The seller or buyer would be signing an allotment letter on a stamp paper, which sometimes will be known as a booking form or a selling agreement. The seller or buyer of such particular property would have to provide your approval when signing those papers; as withdrawing would be a difficult task.
Property lawyer would have to provide holistic services
Investing in real estate property is an important financial decision which people make nowadays.
The client would feel assured that there are no issues regarding the title or that the conditions for the purchase agreement are fair, when you choose. Your property advocate would be able to provide you with end-to-end assistance.
You will have to ensure that the lawyer appointed by you must specialise in matters related to property
People avoid going to lawyers as it is a common belief amongst people that a lawyer would overcharge them for their services. On the basis of the subject- matter, if you search for some property lawyers near you, it is important that you ensure that the lawyer appointed expands his or her knowledge base, skill sets, and network. In a conflict regarding the real estate or some query related, it would be favourable to consult a lawyer because they would have a technical understanding of the field.
In property transactions, you must seek the help of a property lawyer. While dealing with the real estate, an expert opinion from a professional will be helpful. Also, it helps in avoiding costly disputes.
How to become a property lawyer in India ?
A property lawyer deals with matters related to property. The subject-matter of property could be divided into two parts-
- Tangible property
- Intangible property
Tangible property would include properties such as automotive vehicles, industrial equipment, furniture, real estate,etc.
Intangible property could be those assets which have current or potential value such as stocks and bond certificates.
Another category under the Intangible category is intellectual property. These things are not physical in nature but carry significant value. Things such as design concepts, artworks, book manuscripts, etc. Other examples include the logo of companies or technology for the products of a company. In order to ensure security to these intellectual rights, such as copyrights in intellectual property law, appointing an ip lawyer is of utmost import.
Therefore, if you wish to be a property lawyer, you can opt for any of the above mentioned wings of the subject matter of property.
Conclusion
For a layman, buying a property is a complicated procedure as it would take a lot of thought and effort on your part to narrow down a specific property which is free of any encumbrances, problems, or difficulties.
Lead India offers you a wide pool of experienced advocates who have been successfully handling cases related to property matters. In case you wish to talk to a lawyer or seek free legal advice, you may contact us.
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