Documents to know in real estate transaction.

Documents to know in real estate transaction.

A receipt of payment in real estate transactions is a document acknowledging that the vendor /seller has received the purchase price following the sale of the property to the purchaser / buyer.

When it comes to real estate transactions, the law recommends that agreement should be in writing.

A Deed of Assignment is an instrument of transfer which is used in real estate transactions to transfer legal title or the ownership in a land or building from the title holder (called the assignor) to another called the assignee, usually for a consideration (money or money’s worth).

Surveying or Property survey is the technique and science of determining the terrestrial or three-dimensional positions of points and the distances and angles between them. You can have your property surveyed at any time, but you will most likely hire a surveyor when you’re buying a home or ready to construct.

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