Blogs #property terms

As the name suggests, a common area is that area which is common to every resident is Charged by all the residents of a complex of apartments.

There are two kinds of contracts - an Agreement of Sale and a Sale Deed. The names of both contracts may sound similar but in actual they are different.

Most of the time, realtors and agents throw some real estate terms like carpet area and built-up area to us which leave us look cluelessly at them.

Getting a basic understanding of significant property terms will make the process of property buying easier and may save you a lot in the future.