Oakwood Property Solicitors’ Post

Are you considering buying a unit? 🏘 🔸Before making a decision, research and understand the various ownership methods available. for example - strata scheme or company scheme. 🔸To ensure a well-informed purchasing decision, it is necessary to examine the scheme's financial stability, any impending works, and potential special levies.📒💸

You can save up to 60% of your in-house estimator’s expenses

You can save up to 60% of your in-house estimator’s expenses

Defining The Use of Deeds In the UK, deeds are significant in establishing legal obligations and rights. They are utilised in commercial and personal contexts, and any ambiguity regarding the necessary conditions for their creation or intended function may result in complications, disputes, or even severe legal repercussions. They may constitute a formal and binding commitment to either perform or abstain from specific actions, which are documented in a designated manner and subsequently executed. Lease and release deeds are frequently utilised in property transactions to convey ownership from seller to buyer. Marriage and settlement deeds are designed to formalise financial agreements between spouses or family members. Mortgages offer lenders security by granting them a legal claim to the property until the loan is fully repaid. A Will specifies how property should be distributed after the owner's death, guiding transferring assets to heirs. Correct execution of a deed is paramount, as any misstep could render the entire process ineffective. A deed's legal validity hinges on the signatures of both parties and the witnessing of these signatures by independent parties. Any deviation from these requirements could lead to profound legal implications, underscoring the importance of meticulous execution. In legal terms, property, as defined in a deed, encompasses the tangible and intangible assets conveyed or specified within the document. Tangible property includes physical items such as machinery, business assets, buildings, land, or any structures or improvements affixed to the land or buildings, such as roads or building extensions. On the other hand, intangible property refers to non-physical assets, including rights, privileges, or financial interests such as rent charges. ©️ Procurement and Supply Chain Management Made Simple. All rights reserved.

Negotiating can help you secure better terms, potentially lower costs, and ensure you’re making a wise investment. Don’t hesitate to discuss price adjustments or repairs, especially if inspection reveals issues.✨🏡 #HomebuyingTips #NegotiationSkills #SmartHomeBuying #QuickTipTuesday

Buying a house? When you're making that big purchase, it's the perfect time to analyze your finances and make sure you're set and that asset is protected. Here’s how. https://bit.ly/3TeHAwa

(A) Specific Relief Act, 1963, S.16--Agreement to Sell--Readiness and Willingness--Denial of Execution of Agreement--It cannot be accepted that when the agreement to sell itself was denied by the seller then buyer was not required to be prove his readiness and willingness--Held; It is incumbent on the buyer to comply with provisions of S.16 of the Act. (B) Specific Relief Act, 1963, S.16--Agreement to Sell--Readiness and Willingness--Conduct of Plaintiff--It goes a long way to show his readiness and willingness--In the present case, as per agreement, seller had to obtain NOC from the authorities and there after sale deed was to be executed--Buyer filed suit after 13 years of agreement that NOC has not been obtained by seller and he is still ready and willing to perform his part of contract--Held: (i) 13 long years have passed from date of agreement and no effort was made by the buyer in the meantime, calling upon the seller to obtain the NOC and execute sale deed (ii) In the agreement only an amount of earnest money has been mentioned and then there is a mention of balance sale consideration but the amount is not mentioned. (iii) Thus, the buyer has not been able to prove his readiness and willingness--Relief of specific performance declined--Alternate prayer of refund of earnest money allowed.

Reason #3C - Pre-Sale Inspections are the #1 Return on Investment for Sellers: Pre-Sale Inspections protect your money in the negotiation. If you choose not to do pre-sale inspections, then expect a savvy Buyer's Agent to use the Buyer's findings from their inspections with a multiple (2X, 3X) in their negotiation with you. The reason is that inspections are visual, non-instrusive inspections, so there may be more damage beyond what can be visually seen. Savvy Buyer's Agents know this and will use this as leverage in the negotiation. Sellers can prevent this transfer of leverage upfront and protect their money in the negotiation from a 2X or 3X multiple loss with Pre-Sale Inspections. To watch the full video visit our YouTube page at: https://lnkd.in/gXpv3DTH #PreSaleInspection #HomeROI #RealEstateTips #SellSmart #MasseyAllenGroup #MAG #TheHardWorkingNiceGuysAndGals #WeDoWhatMostAgentsWont Tim Allen Jr. COMPASS DRE #01932798

Thinking of buying a house soon? Use these tips to find out what you should be putting down, and how to save up for that down payment. Cliff Wells Managing Broker Century 21 Nachman

Demystifying Closing Costs: Know What to Expect 🏡💼 Understanding who covers what ensures a smooth closing process. From seller fees like prorated taxes to buyer expenses such as appraisals, our comprehensive guide ensures no surprises. #ClosingCostsExplained #TransparentTransactions #MSMLending #WeGetItDone