Property Handover Checklist: Things To Look For Before Taking Possession Of Your Property

By Author: Samana
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It can be quite an overwhelming experience to move into a new property, especially when it’s an off-plan property because usually, these properties are incomplete when you buy them. The process of taking procession of a property is a meticulous process in and of itself. During this process, you must make sure that everything is aligned as agreed with the developer and that everything matches the specifications mentioned in the agreement. Here is a guide to ensuring a smooth handover of the property.

Property Handover Checklist

Schedule a Convenient Time: Decide on a date and time for the handover of the property. This date and time should be suitable for both buyer and the developer, or relevant representative.

Documentation: Make sure you gather all the necessary documents and bring them with you. These documents might include a sales agreement, floor plans, and completion certificate.

Extra Set of Eyes: You would do well to invite a trusted legal expert along for the process. He can offer valuable support while going over the details of the property. He might see things you missed.

The ...
... Actual Inspection

General Condition: Take a broad overview of the property. Look for unfinished work and any signs of damage. Are there things that are in conflict with the agreed-upon specifications mentioned in the sales agreement?

Walls and Flooring: Thoroughly inspect the walls for uneven surfaces, unfinished sections, paint defects, etc. Also, check the floors for cracks, scratches, and other defects.

Windows and Doors: Make sure that the doors and windows work properly and don’t stick while opening and closing. Also, make sure the locks work properly.

Kitchen and Bathroom: Check the water pressure and temperature control of all faucets. Look for any faults in the plumbing. Make sure there are no leakages.

Electrical systems: Turn on all the switches and lights to ensure that all of them have no problems and they work properly.

Safety features: Make sure that the smoke detectors, fire alarms, CCTV and smart home systems work properly.

Beyond the interior

If you are buying one or multiple residential properties you have to expand your inspection beyond the interior of the property.

Common areas: Check the cleanliness and functionality of common areas connected to your property. These include stairs, elevators, hallways etc. Ensure the quality of lighting and security aspects of these areas as well.

Amenities: Make sure that any amenities connected to your property such as gym, recreational areas, and swimming pool are in working order and in good condition.

Documentation and Utilities

Snagging list: This list would contain all the issues, defects, and problems that you noticed during the inspection. This list will be presented to the developer or relevant representative so they can ratify these issues before the handover is complete.

Utility Transfers: Inquire the relevant representative or the developer about the documentation required for the smooth transfer of utilities such as water, electricity, etc.

Property maintenance: Familiarize yourself with property maintenance services and procedures and ask for contact details of relevant people for future service requests.

Additional Tips

Photo/Video documentation: Use photographs or videos to document the condition of the property. This can be very valuable evidence in case of discrepancy.

Set Realistic Expectation: Minorim perfections are common in properties. You need to be able to distinguish between minor snags that are manageable and real problems that are more significant and should be fixed before handover.

Conclusion

By adhering to these simple steps, you can ensure a hassle-free experience when it comes to the handover of property. With due diligence, you can lay a foundation for years of happy memories and financial prosperity.