KEY: “Knowledge Empowers You!” to make informed decisions.
We have experienced many times that a buyer has to let go of their dream home because of lack of knowledge and a little complexity that comes along with the Assignment sale. They are not confident in how to deal with it. But we recommend Assignment transactions over registered property on resale because it is a WIN-WIN situation for both the buyer and seller. We have the required expertise and knowledge about Assignment transactions, and we have a well laid out procedure to execute it.
As a part of our KEY series, we believe in sharing information from our Wisdom and Subject-Matter Expertise gained while serving more than 1000 customers since 2012.
The attached document will help you understand how the Assignment process functions and how it is different from a conventional sale. This document on assignment sale will help you understand how this process takes shape and explains below key points:
- Technicalities involved in the Assignment process
- Type of document execution and complexity in the Home loan process
- Timeline of various activities (from legal verification to registration)
- Pros and Cons of an assignment transaction
We have shared this document purely for informational purposes. Agarwal Estates has invested heavily in the process and service delivery and has checklists for all major stages of the transaction.