The average people spend half of their lives dreaming about having a house of their own, which they can build according to their wish. The interiors and exteriors must match in a way that the structure feels like ‘home’ inside out. When we imagine about our dreamy abode, we always think that we will build it in such a way that other people would envy our taste. While doing so, sometimes we forget about the essentialities of owning personal property. Certain liabilities must be taken care of when you intend to build a house of your own. If we fail to fulfill our duties correctly, then we can’t expect better results also.
You can follow the given legal procedures when you decide to buy a property or build a house of your own. Read on.
- Register your property under your name legally– this should be the first and foremost thing to do whenever you decide to buy a house or a farm. You must first register it on your name (or whoever’s name you want to) so that the previous owner does not create any hindrance in the future proceedings. There are instances when the buyers have paid the full amount, and even after that, they had to wait for years to get the property registered in their name. It’s mandatory because no matter what paperwork you do unless the property has an official record, it cannot be declared as your own under any circumstances.
- Clear the tax liabilities of the property that you own– many times it’s seen that people build a house, start living in it and then neglect to pay the taxes on time. Then they are booked under the tax violation act, and the punishments in these cases are sometimes too strict on the offenders. Thus, it’s always advised to clear the tax liabilities along with building the house, to avoid any further legal problem.
- Maintain proper architectural design– often it’s seen that people don’t build their house according to the architect’s plan and instills ideas of their own in it; this may lead to many problems in the future if you don’t go by the project. Some officials keep a check on the designs of the houses that come up on their area; when the checking procedure is carried out by them, the ones who are found violating the plans may also face legal problems. So, stick to the plan which you produce before the judiciary while registering your property.
- Do not use low-quality materials to build the house- nobody makes a home with low graded materials when they tend to live in it. But the problem arises when they intend to sell it or use it as the source of doing real estate business; this must not only be life-risking but also harsher punishments await them if they are found guilty.
The final take
Not every person in this world is lucky enough to own a house of their choice. People are made to compromise on their dreams and desires. But whenever we get a chance to add feathers to our wings, we refuse to miss it. Likewise, the technological advancements are working as these feathers to make the impossible things possible for the ones who dream to buy a house of their own. The house loan facilities, the low-cost interior designing services, the high-end exteriors with an estimated budget is enough for a mediocre person to plan to invest in their dream house. Nowadays, the facilities are made handy in front of people, all we need to do is grab them and utilize them properly. But we must never forget that everything that we do must be done following the legal procedure entirely, and thus we must not fall prey to tax violation issue whatsoever.
