Buying And Selling of Properties

Property Search and Valuation: Buyers research, inspect properties, and verify, while sellers determine the price based on market rates, location, and condition to attract buyers. Legal Documentation (Crucial Documents): Sale Deed/Title Deed: Primary legal document proving ownership transfer. Encumbrance Certificate: Confirms the property is free from legal/financial liabilities. Khata Certificate: Proves the property is registered with local authorities. Sale Agreement: Outlines terms, price, and payment details. No Objection Certificates (NOCs): Required from various authorities (e.g., electricity, water). Occupancy Certificate: Required for new buildings to confirm compliance with regulations. The Process of Buying: Verification: Verify the title deed (30 years) for any dues or encumbrances. Negotiation and Booking: Negotiate the price and pay an advance/token amount. Sale Deed Registration: Sign and register the Sale Deed at the sub-registrar's office. Tax and Duties: Pay stamp duty and registration fees. The Process of Selling: Marketing: Use, professional photos, or agents to list and show the property. Due Diligence: Prepare all documentation, including tax receipts and NOCs. Sale Agreement: Sign the agreement and receive a deposit. Transfer: Hand over possession upon final payment and registration. Key Risks to Manage: Hidden legal disputes, unpaid property taxes, or incomplete documentation. Ensure all taxes and fees (capital gains tax, transfer tax) are handled properly

Property Mangement Services in Chennai offered by Agile Property Management handles day-to-day operations, maintenance (with Agiile Maintenance Service) and administration of property that rise from time to time in due course of Managing the Property in Chennai. The services offered by Agile Property Management Services in Chennai can be split in 3 categories: All Time Services • Representing the Owner • AMC Service Coordination as per the Service Contract with the Vendor • Renewal of AMC contract • Inventory Check whenever the tenant moves in or moves out of the Property. • Reminders & Payments of Property Tax • Coordinating Repairs & Maintenance Services when the Property is Vacant: • Tenant Sourcing & Finalization • Cleaning the Property • EB Payments • Maintenance Payments Services when the Property is occupied by a Tenant • Rent Collection • Tenant Management • Rental Agreements / Lease Agreements Renewal • Visit property on Request PROPERTY MANAGEMENT – An overview In general, Property Management Services handle the day-to-day operations, maintenance, and administration of the property for for owners. It covers tenant screening, rent collection, maintenance, legal compliance, and expenses / financial reporting, effectively maximizing property value and owner investment returns by acting as a third-party manager for all property-related tasks. Core Responsibilities Tenant Management: Finding, screening, placing, and communicating with tenants, including lease drafting, renewals, and handling issues like late payments. Financial Management: Setting rent prices, collecting rent, managing budgets, handling expenses, and providing financial reports wherever necessary. Maintenance & Repairs: Overseeing routine upkeep, emergency repairs, landscaping, and coordinating with trusted vendors. Marketing & Leasing: Advertising vacant units, showing properties, and minimizing vacancy periods. Legal Compliance: Ensuring adherence to landlord-tenant laws, safety regulations, and proper handling of deposits. Key Benefits for Owners Increased Profitability: Optimized rent, reduced costs, and lower tenant turnover. Time Savings: Owners are freed from daily tasks, allowing focus on portfolio growth. Peace of Mind: Professional handling of issues, legalities, and maintenance. Property Value Preservation: Consistent care and management maintain the property's condition and market value.

Rental Assistance Service (Part of Property Management Service) provided by Agile Property Management assists the owners to find tenants for their property. We will act as your representative and provide information of your property to the prospective tenant and arranging for inspection of the property. We will update you with information on the people visiting and their feedback on the property. What we do to find a tenant for your property: • Discuss on the details of property rentals (expected and receiving) & Types of Tenants required. • Inspect the Property • Prepare Property for Rent • Market the Property through online ads, TOLET boards and other associated agents. • Represent the owner • Visits to show the property to potential tenants. • Negotiate with the Tenant to get the best deal for the property. • Verification of ID proofs of Tenant • Drafting and Finalizing the Agreement • Transfer of Security Deposit & Keys Handover Client Representation Fees We charge a fee of 1 month rent towards brokerage for coordinating the services mentioned above. Property Owners can forward the enquiries received to them for us to coordinate the Tenant Finding process. We will attend to the enquiries with complete enthusiasm and dedication.