BUY SELL RENT OTHER SERVICES ABOUT NEALCO REAL ESTATE REAL ESTATE DICTIONARY
 

Legal Requirements

DOCUMENTS THAT SHOULD BE PROVIDED

RESIDENTIAL/COMMERCIAL SALES

  1. Copy of Deed of Ownership
     
  2. Leasehold receipt, only in the case of leasehold land
     
  3. Land Tax Receipt for current year
     
  4. WASA Receipt and Certificate of Clearance [to completion date]
     
  5. Consent from Director of Surveys if land is leased from the State or City Council
     
  6. Release of Mortgage IN ESCROW and Discharge Statement showing a daily accrual of Interest
     
  7. Completion Certificate from the Local Government Authority - Only in the case of a newly constructed building
     

CONDOMINIUMS/TOWNHOUSES

  1. Deed of Lease
     
  2. WASA Receipt, Land Tax Receipt & Management Receipt
     
  3. Memorandum & Articles of Association
     
  4. Share Certificate - ORIGINAL on completion - only in the case of a Company limited by the shares, not guarantee
     
  5. Letter from Company stating maintenance fees and what they include
     
  6. Release of Mortgage IN ESCROW and Discharge Statement showing a daily accrual of interest
     
  7. Consent from Director of Surveys, if land is leased from the State/City Council
     
  8. Confirmation of Sixth Schedule Annual Returns
     
  9. Completion Certificate from the Local Government Authority - Only in the case of newly constructed units
     

LAND

  1. Deed
     
  2. Land Tax Receipt
     
  3. Copy of Survey Plan/Cadastral
     
  4. WASA Receipt and Certificate of Clearance [to completion date]
     
  5. Final Local Health Approval [only in the case of a new development]
     
  6. Release of Mortgage IN ESCROW [Release of Mortgage IN ESCROW and Discharge Statement showing a daily accrual of interest]
     
  7. Consent from Director of Surveys if land is leasehold from the State/City Council
 
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