It’s a process of verifying built-up commercial property or space within a building that is intended for commercial use. If you are a business who is looking for space for your office in any location then you must need a commercial space verification. This allows you to ensure legal compliances, mitigate risks and safeguard your investments. As we Legal Adviser understand, the process of commercial space verification could be a hectic and difficult process. That's why we offer affordable, experienced legal experts to help you out in commercial space verification and tackle your challenges.
Legal Compliance: Making sure the property has all necessary approvals from local authorities, adheres to zoning laws, and complies with building regulations can be complex and time-consuming.
Documentation Issues: Verifying the authenticity and completeness of documents such as sale deeds, lease agreements, occupancy certificates, and NOCs from various authorities can be challenging due to discrepancies or missing information.
Property Title Disputes: Discovering disputes over property ownership, unclear title deeds, or encumbrances like mortgages and liens can delay the verification process and pose legal risks.
Physical Condition and Encroachments: Identifying unauthorized constructions, discrepancies in property boundaries, or structural issues during physical inspections can affect legal standing.
Legal Expertise: We provide expert knowledge of property laws, regulations, and local ordinances relevant to commercial real estate transactions.
Document Review: We review all legal documents such as sale deeds, lease agreements, occupancy certificates, building approvals, and NOCs to ensure completeness, accuracy, and compliance with regulatory requirements.
Due Diligence: Conduct thorough due diligence to identify potential legal issues, property title disputes, encumbrances, zoning violations, and environmental compliance issues.
Risk Assessment and Mitigation: We assess potential risks associated with the commercial property and develop strategies to mitigate these risks, protecting your investment.
Negotiation and Resolution: : We negotiate on your behalf with sellers, developers, local authorities, and other stakeholders to resolve any discrepancies or legal challenges that arise during verification.
Transaction Structuring: Assist in structuring the transaction to ensure legal compliance, optimize tax implications, and protect your interests.
Compliance Assurance: Ensure all necessary regulatory approvals, clearances, and compliance certifications are obtained from relevant authorities.
Dispute Resolution: Provide legal support and representation in case of disputes related to property ownership, boundaries, lease agreements, or other legal issues.
First, we collect important papers like sale deed, lease agreement, occupancy certificate, building plan approvals, NOCs, property tax receipts, and any other
Conduct a thorough review of all legal documents to ensure authenticity, accuracy, and compliance with local laws and regulations.
We visit the commercial plot to verify its physical boundaries, existing structures, amenities, and compliance with approved building plans.
Check who leased or owned it before and if there are any problems that might cause a legal issue.
Make sure the place follows all the rules, like where it can be built, what to do about the environment, how to stay safe from fires, and local building rules.
Get papers from the right people saying the place follows rules for things like electricity, water, getting rid of waste, and fire safety
Register the place with the right people and finish all the legal things to finish the deal.
Sale Deed or Lease Agreement
Title Deed
Building Plan Approvals
Encumbrance Certificate
Maintenance and Service Charge Recipts
Occupancy Certificate
Property Tax Receipts
Environmental Clearances
Legal Opinion
Note: The documents and processes mentioned above are for your understanding. We follow many procedures to ensure there are no legal issues.
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