A home purchase can involve several layers of legal review: title, project approvals, development rights, encumbrances, society or association matters, possession terms, payment obligations and the documents executed by the parties.
Buyers often focus on price and possession date. Those are important, but the legal risk may lie elsewhere.
Before committing substantial funds, the buyer should understand what rights are being acquired, whether the seller has authority to transfer them and what contractual consequences apply if the transaction is delayed or fails.
The exact due-diligence requirements vary by transaction and project.
A property purchase is one of the largest legal commitments many people make. A focused review before signing can be more valuable than trying to repair a defective transaction after registration.
This article is for general information only and is not legal advice. Every matter turns on its own facts. Please take professional advice before acting.