List of checklist before finalizing a property:
- Title Report by the Solicitor of the Property – Check that there are no conditions written in fine prints and there are no specific reservations by the State Government.
- Specific Clearance Reports – Check for Specific Clearance report, for e.g. if the property is near a sea front, check for Coastal Regulation zone (CRZ) clearance. If near a heritage building, check for any Heritage reservations for the premises. Lack of Clearance titles could mean you might not be able to avail of any Home loans.