How to Prove That Payment Has
Been Made Regarding Your
Property Selling?
A real estate deal is definitely not a small deal. It is definitely among the biggest deal which you will ever come across. A middle class man signs such deal only once in his lifetime. Hence it is definitely a must to make sure that you keep with you all the proof of the payment which you make. Well, the biggest proof of the payments made by you is the bill of sale.
The seller will definitely provide you with the bill of sale and you should make sure that you keep a copy of it always. If you will lose it then you will not have any proof about the payment and the other party will definitely try to cheat you. Well, bill of sale is important for both the parties who sign it.
Sample Late Payment
Explanation Letter
You have to keep the record of the payment made by you and the expenses. This is extremely important. Your chartered accountant might ask you to submit all the details about your expenses. In such cases you will be required to present it.The property will be yours only after making the payment. At the time of registration you will have to prove that you have made the payment.
For this purpose you will require this document.Well, you might question that how will you be able to prove that you have made the payment through it. Hence you should know how the bill of sale proves that you are the payee and you have paid that much amount.You should know that the buyer and the seller details are clearly mentioned on the bill of sale.
Make Sure You Are Secure With Online Payments
This is extremely important for you to keep in mind. Suppose you are the seller and you have received $100000 from the buyer then it will definitely be mentioned on it that you have been paid this much amount. You need to understand this fact.Hence it clearly proves that who has bought the property and who has sold the property? It clearly states that what amount has been received as well.
Thus if you want to prove that you have paid this much amount of money on behalf of any property then you can put forward the bill of sale. It will definitely be a proof that you have bought the property or you have sold the property as well. This will be good for you and also good for everybody else.
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