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information please,

(24352)
Thursday, June 15, 2006 09:33 PM 

Dear experts
I have finalized a deal personally with an owner in Valencia Lhr scheme, would someone guide the process of confirmation of Ownership of that party and tranfer of Plot in my name. I am totally ignornat and a bit nervous in this regard. And If I seek help of some agent to mediate at this stage how much money I should offer him.

wow replied on Thursday, June 15, 2006 09:36 PM 

i think it is always better to ask b4 deal....that was a tip sir

Mohammad replied on Thursday, June 15, 2006 11:30 PM 

No need to involve a dealer, just go to the Valencia office with a photocopies of plot's transfer letter and owner's ID card. Ask them to:
1. Verify the ownership of the plot.
2. Check the exact area of the plot (dimensions from their records).
3. Check if there are any un- paid dues against this plot (usually plot is not transferred unless these dues have been cleared by the seller).

Once these verifications have been done, ask the seller to show you the original file of the plot and match it with the copy he provided you earlier for verification. If it’s ok then finalize the mode of payment with the seller. Bank draft is preferred and safe. Give a (crossed) photocopy of that Bank draft to the seller for verification (if he asks for it). Keep the Bank draft in your possession until both buyer and seller have signed the transfer documents (ask for a copy from Valencia office). Then simply submit the file along with the transfer documents at the Valencia office. Both buyer and seller are required to be at Valencia office at the time of transfer as they both sign in front the society secretary. Also ask about the transfer fees (for the dimension of your plot) from Valencia’s office and ask them what mode of payment they accept. It is normally a bank draft. Anyway, once it has all been done, Valencia office will issue a receipt. Keep it in a safe place and collect your transfer letter on the date mentioned on that receipt.

Hope this helps.

Regards,


Note: Ask valencia office what documents you should bring along for transfer. Always better to ask.

omar replied on Thursday, June 15, 2006 11:36 PM 

Dear WOW and especially Mohammad, Thanks a lot for help
regards
Omar

Ather Sohail. replied on Friday, June 16, 2006 10:03 AM 

Dear Muhammad, Weldone you did a great jon like your the greatest name. Keep it up.
Thanks.
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