Overview

Property vetting servicesplay an important role in real estate transactions. These service help you ensure that the property you are going to buy is free from legal issues and is legitimate and authentic. The rapid growth of the real estate business has raised concerns about the title disputes and property ownership. Many property buyers are baffled by the complexities of laws and regulations. This is the situation where property vettingplay their role. We at Your Property Doctor can help you in checking ownership history, property titles,existing disputes or liens and give peace of mind, making the transaction safer and smoother.

What are the Different Roles of Property Vetting?

• Property vetting allows both buyers and sellers to have mutual agreement among themselves. They feel safer and more secure in their transactions.

• It facilitates smooth transactions by streamlining the buying and selling process.

• It protects buyers against the financial loss by enhancing investment security.

• It reduces the chances of disputes by clarifying ownership and usage rights.

• It helps in property fraud preventionand ensures that the land is genuinely owned by the seller.

Step-by-step Process of Property Vetting

Property vetting is important for any person who is on lookout to purchase property. Understanding property vetting process steps help one to keep away from legal issues:

Reviewing Initial Documentation

The first step involves reviewing of documents. It helps you understand the land’s ownership and legal status. Its important documents include the following:

Title Deed: Property title verification confirms the ownership of the property.  

Land Survey: Land survey for property verification shows the boundaries of the property.  

Tax Receipts: These receipts confirm that property taxes are paid on time.  

Experts are deputed to check discrepancies of these documents. They ensure that everything is in proper order. In fact, this step is the foundation of property vetting process.

Inspection

Legal property inspectionis done by the inspectors after reviewing the documents. The inspection reveals many things related to property. Generally, inspectors look for the following things:

• Land boundaries

• Nearby developments

• Environmental concerns

Due Diligence

Last but not least, this step confirms whether your property is in compliance with local laws and regulations. It also helps to confirm whether the land can be used or developed.