{"id":8122,"date":"2023-11-17T12:21:37","date_gmt":"2023-11-17T06:51:37","guid":{"rendered":"https:\/\/www.omaxe.com\/blog\/?post_type=web-story&#038;p=8122"},"modified":"2023-11-17T12:21:39","modified_gmt":"2023-11-17T06:51:39","slug":"legal-considerations-when-buying-a-commercial-property","status":"publish","type":"web-story","link":"https:\/\/www.omaxe.com\/blog\/web-stories\/legal-considerations-when-buying-a-commercial-property\/","title":{"rendered":"Legal considerations when buying a Commercial property"},"content":{"rendered":"<p><html amp=\"\" lang=\"en\"><head><meta charSet=\"utf-8\"\/><meta name=\"viewport\" content=\"width=device-width,minimum-scale=1,initial-scale=1\"\/><script async=\"\" src=\"https:\/\/cdn.ampproject.org\/v0.js\"><\/script><script async=\"\" src=\"https:\/\/cdn.ampproject.org\/v0\/amp-story-1.0.js\" custom-element=\"amp-story\"><\/script><link href=\"https:\/\/fonts.googleapis.com\/css2?display=swap&amp;family=Roboto%3Awght%40400%3B700\" 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publisher-logo-src=\"https:\/\/www.omaxe.com\/blog\/wp-content\/uploads\/2022\/12\/Untitled-design-37.png\" title=\"Legal considerations when buying a Commercial property\" poster-portrait-src=\"https:\/\/www.omaxe.com\/blog\/wp-content\/uploads\/2023\/11\/cropped-Benefits-of-Owning-a-Commercial-Property-in-Faridabad-1.png\"><amp-story-page id=\"261f8b4e-f2d1-45e4-b97b-00061f3738fe\" auto-advance-after=\"7s\"><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\"><\/p>\n<div class=\"page-fullbleed-area\" style=\"background-color:#8c8c73\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:0;top:-9.25926%;width:100%;height:118.51852%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-d42d05a7-8dcd-4350-90f9-c58aee6b67ae\">\n<div style=\"position:absolute;width:118.51852%;height:100%;left:-9.25926%;top:0%\" 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style=\"white-space:pre-line;overflow-wrap:break-word;word-break:break-word;margin:-0.13099315068493111% 0;font-family:&quot;Roboto&quot;,sans-serif;font-size:0.550162em;line-height:1.2;text-align:center;padding:0;color:#000000\"><span><span style=\"font-weight: 700; color: #fff\">Legal considerations when buying a Commercial property<\/span><\/span><\/h2>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:72.57282%;top:-4.85437%;width:23.30097%;height:4.53074%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-29bfb69c-4a1a-4ba1-b45f-103ddd17c78b\">\n<div style=\"position:absolute;width:101.28779%;height:100%;left:-0.64389%;top:0%\" data-leaf-element=\"true\"><amp-img layout=\"fill\" src=\"https:\/\/www.omaxe.com\/blog\/wp-content\/uploads\/2023\/04\/image.png\" alt=\"image\" srcSet=\"https:\/\/www.omaxe.com\/blog\/wp-content\/uploads\/2023\/04\/image.png 191w\" sizes=\"(min-width: 1024px) 10vh, 23vw\" disable-inline-width=\"true\"><\/amp-img><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/amp-story-grid-layer><\/amp-story-page><amp-story-page id=\"85a25419-2e96-4a5b-8bc1-5be4e2b3f62d\" auto-advance-after=\"7s\"><amp-story-animation layout=\"nodisplay\" trigger=\"visibility\"><script type=\"application\/json\">[{\"selector\":\"#anim-8fadde12-8a38-42ca-a8da-4959fc1b3e53\",\"keyframes\":{\"transform\":[\"translate3d(-105.67568%, 0px, 0)\",\"translate3d(0px, 0px, 0)\"]},\"delay\":0,\"duration\":600,\"easing\":\"cubic-bezier(0.4, 0.4, 0.0, 1)\",\"fill\":\"both\"}]<\/script><\/amp-story-animation><amp-story-animation layout=\"nodisplay\" trigger=\"visibility\"><script type=\"application\/json\">[{\"selector\":\"#anim-2933a451-33f8-4c90-9ade-42c005b1c62e\",\"keyframes\":{\"opacity\":[0,1]},\"delay\":0,\"duration\":600,\"easing\":\"cubic-bezier(0.4, 0.4, 0.0, 1)\",\"fill\":\"both\"}]<\/script><\/amp-story-animation><amp-story-animation 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style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-21fcdd5e-7180-43c8-802a-d9a196d1fe2c\">\n<div style=\"position:absolute;width:101.28779%;height:100%;left:-0.64389%;top:0%\" data-leaf-element=\"true\"><amp-img layout=\"fill\" src=\"https:\/\/www.omaxe.com\/blog\/wp-content\/uploads\/2023\/04\/image.png\" alt=\"image\" srcSet=\"https:\/\/www.omaxe.com\/blog\/wp-content\/uploads\/2023\/04\/image.png 191w\" sizes=\"(min-width: 1024px) 10vh, 23vw\" disable-inline-width=\"true\"><\/amp-img><\/div>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:72.57282%;top:-4.85437%;width:23.30097%;height:4.53074%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-34604d41-6329-4ba9-af12-2f4ff4fb5ab9\">\n<div style=\"position:absolute;width:101.28779%;height:100%;left:-0.64389%;top:0%\" data-leaf-element=\"true\"><amp-img layout=\"fill\" src=\"https:\/\/www.omaxe.com\/blog\/wp-content\/uploads\/2023\/04\/image.png\" alt=\"image\" srcSet=\"https:\/\/www.omaxe.com\/blog\/wp-content\/uploads\/2023\/04\/image.png 191w\" sizes=\"(min-width: 1024px) 10vh, 23vw\" disable-inline-width=\"true\"><\/amp-img><\/div>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:-12.37864%;top:69.7411%;width:118.4466%;height:53.23625%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-8c5b3a89-59e4-4c32-b30f-10c1d09c6394\">\n<div class=\"fill\" style=\"background-color:rgba(230,30,37,0.7);will-change:transform\"><\/div>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:5.09709%;top:73.94822%;width:89.80583%;height:32.52427%;opacity:1\">\n<div id=\"anim-8fadde12-8a38-42ca-a8da-4959fc1b3e53\" class=\"animation-wrapper\" style=\"width:100%;height:100%;display:block;position:absolute;top:0;left:0;--initial-opacity:1;--initial-transform:translate3d(-105.67568%, 0px, 0)\">\n<div id=\"anim-2933a451-33f8-4c90-9ade-42c005b1c62e\" class=\"animation-wrapper\" style=\"width:100%;height:100%;display:block;position:absolute;top:0;left:0;--initial-opacity:0;--initial-transform:none\">\n<div id=\"anim-9d03ff79-e761-41cc-ac26-d4bf20af1771\" class=\"animation-wrapper\" style=\"width:100%;height:100%;display:block;position:absolute;top:0;left:0;--initial-opacity:1;--initial-transform:scale(0.15)\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;border-radius:0.5405405405405406% 0.5405405405405406% 0.5405405405405406% 0.5405405405405406% \/ 0.9950248756218906% 0.9950248756218906% 0.9950248756218906% 0.9950248756218906%\" id=\"el-f2cec913-4b64-4237-904d-55b0a0f5c40f\">\n<h3 class=\"fill text-wrapper\" style=\"white-space:pre-line;overflow-wrap:break-word;word-break:break-word;margin:-0.051435810810810605% 0;font-family:&quot;Roboto&quot;,sans-serif;font-size:0.339806em;line-height:1.19;text-align:left;padding:0;color:#000000\"><span><span style=\"color: #fff\">This is the first thing that must be asked of your lawyer before getting into a commercial property. Both types of tenure come with a lot of risk as well as reward. There must be proper due diligence, which reveals the potential issues like any restrictions or obligations to the landlord.<\/span><\/span><\/h3>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:0;top:52.589%;width:100%;height:17.47573%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-dc4816c8-1c63-4efc-8867-ba42db373e41\">\n<div class=\"fill\" style=\"background-color:#fff;will-change:transform\"><\/div>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:9.2233%;top:55.66343%;width:78.64078%;height:11.32686%;opacity:1\">\n<div id=\"anim-2a8dd53a-cb58-4728-9b94-8a8407e84bb2\" class=\"animation-wrapper\" style=\"width:100%;height:100%;display:block;position:absolute;top:0;left:0;--initial-opacity:0;--initial-transform:none\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;border-radius:0.6172839506172839% 0.6172839506172839% 0.6172839506172839% 0.6172839506172839% \/ 2.857142857142857% 2.857142857142857% 2.857142857142857% 2.857142857142857%\" id=\"el-ba5bb30f-b0a0-4450-8f18-2491820e3d53\">\n<h2 class=\"fill text-wrapper\" style=\"white-space:pre-line;overflow-wrap:break-word;word-break:break-word;margin:-0.13020833333333331% 0;font-family:&quot;Roboto&quot;,sans-serif;font-size:0.485437em;line-height:1.2;text-align:center;padding:0;color:#000000\"><span><span style=\"font-weight: 700\">Tenure (Freehold Or Leasehold)<\/span><\/span><\/h2>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/amp-story-grid-layer><\/amp-story-page><amp-story-page id=\"f398d58a-08b2-4e7a-a7b3-5bae914b1f31\" auto-advance-after=\"7s\"><amp-story-animation layout=\"nodisplay\" trigger=\"visibility\"><script type=\"application\/json\">[{\"selector\":\"#anim-b38c408e-8a85-4fb6-8af5-2cc6d1e5b13d\",\"keyframes\":{\"transform\":[\"translate3d(105.67567%, 0px, 0)\",\"translate3d(0px, 0px, 0)\"]},\"delay\":0,\"duration\":600,\"easing\":\"cubic-bezier(0.4, 0.4, 0.0, 1)\",\"fill\":\"both\"}]<\/script><\/amp-story-animation><amp-story-animation layout=\"nodisplay\" trigger=\"visibility\"><script type=\"application\/json\">[{\"selector\":\"#anim-5e62f111-024f-4f79-bfff-0ea1397c1b5c\",\"keyframes\":{\"opacity\":[0,1]},\"delay\":0,\"duration\":600,\"easing\":\"cubic-bezier(0.4, 0.4, 0.0, 1)\",\"fill\":\"both\"}]<\/script><\/amp-story-animation><amp-story-animation layout=\"nodisplay\" trigger=\"visibility\"><script type=\"application\/json\">[{\"selector\":\"#anim-7877cd89-0da3-4ed3-81e3-09443a44ec16\",\"keyframes\":{\"transform\":[\"scale(0.15)\",\"scale(1)\"]},\"delay\":0,\"duration\":600,\"easing\":\"cubic-bezier(0.4, 0.4, 0.0, 1)\",\"fill\":\"forwards\"}]<\/script><\/amp-story-animation><amp-story-animation layout=\"nodisplay\" trigger=\"visibility\"><script type=\"application\/json\">[{\"selector\":\"#anim-53ad29e3-bef0-40d5-8aaa-17ef3acb42dd\",\"keyframes\":{\"opacity\":[0,1]},\"delay\":0,\"duration\":600,\"easing\":\"cubic-bezier(0.4, 0.4, 0.0, 1)\",\"fill\":\"both\"}]<\/script><\/amp-story-animation><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\"><\/p>\n<div class=\"page-fullbleed-area\" style=\"background-color:#968471\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:0;top:-9.25926%;width:100%;height:118.51852%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-d0aebc94-320d-4ddb-a096-48544f9b16ac\">\n<div style=\"position:absolute;width:352.67974%;height:100%;left:-126.33987%;top:0%\" data-leaf-element=\"true\"><amp-img layout=\"fill\" src=\"https:\/\/www.omaxe.com\/blog\/wp-content\/uploads\/2023\/11\/moving-in-to-property-.jpg\" alt=\"\" srcSet=\"https:\/\/www.omaxe.com\/blog\/wp-content\/uploads\/2023\/11\/moving-in-to-property-.jpg 1349w,https:\/\/www.omaxe.com\/blog\/wp-content\/uploads\/2023\/11\/moving-in-to-property--1024x516.jpg 1024w,https:\/\/www.omaxe.com\/blog\/wp-content\/uploads\/2023\/11\/moving-in-to-property--1010x509.jpg 1010w,https:\/\/www.omaxe.com\/blog\/wp-content\/uploads\/2023\/11\/moving-in-to-property--768x387.jpg 768w,https:\/\/www.omaxe.com\/blog\/wp-content\/uploads\/2023\/11\/moving-in-to-property--470x237.jpg 470w,https:\/\/www.omaxe.com\/blog\/wp-content\/uploads\/2023\/11\/moving-in-to-property--370x187.jpg 370w,https:\/\/www.omaxe.com\/blog\/wp-content\/uploads\/2023\/11\/moving-in-to-property--300x151.jpg 300w\" sizes=\"(min-width: 1024px) 159vh, 353vw\" disable-inline-width=\"true\"><\/amp-img><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/amp-story-grid-layer><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\"><\/p>\n<div class=\"page-fullbleed-area\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:72.57282%;top:-4.85437%;width:23.30097%;height:4.53074%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-acec258d-7db6-4397-9fcd-d39290caefad\">\n<div style=\"position:absolute;width:101.28779%;height:100%;left:-0.64389%;top:0%\" data-leaf-element=\"true\"><amp-img layout=\"fill\" src=\"https:\/\/www.omaxe.com\/blog\/wp-content\/uploads\/2023\/04\/image.png\" alt=\"image\" srcSet=\"https:\/\/www.omaxe.com\/blog\/wp-content\/uploads\/2023\/04\/image.png 191w\" sizes=\"(min-width: 1024px) 10vh, 23vw\" disable-inline-width=\"true\"><\/amp-img><\/div>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:72.57282%;top:-4.85437%;width:23.30097%;height:4.53074%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-d25359e2-d364-4168-b480-90baae2e2cdc\">\n<div style=\"position:absolute;width:101.28779%;height:100%;left:-0.64389%;top:0%\" data-leaf-element=\"true\"><amp-img layout=\"fill\" src=\"https:\/\/www.omaxe.com\/blog\/wp-content\/uploads\/2023\/04\/image.png\" alt=\"image\" srcSet=\"https:\/\/www.omaxe.com\/blog\/wp-content\/uploads\/2023\/04\/image.png 191w\" sizes=\"(min-width: 1024px) 10vh, 23vw\" disable-inline-width=\"true\"><\/amp-img><\/div>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:-12.37864%;top:72.97735%;width:118.4466%;height:53.23625%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-674e3f1e-5783-4346-94ad-4a4cacb41d4b\">\n<div class=\"fill\" style=\"background-color:rgba(230,30,37,0.7);will-change:transform\"><\/div>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:5.09709%;top:77.18447%;width:89.80583%;height:28.15534%;opacity:1\">\n<div id=\"anim-b38c408e-8a85-4fb6-8af5-2cc6d1e5b13d\" class=\"animation-wrapper\" style=\"width:100%;height:100%;display:block;position:absolute;top:0;left:0;--initial-opacity:1;--initial-transform:translate3d(105.67567%, 0px, 0)\">\n<div id=\"anim-5e62f111-024f-4f79-bfff-0ea1397c1b5c\" class=\"animation-wrapper\" style=\"width:100%;height:100%;display:block;position:absolute;top:0;left:0;--initial-opacity:0;--initial-transform:none\">\n<div id=\"anim-7877cd89-0da3-4ed3-81e3-09443a44ec16\" class=\"animation-wrapper\" style=\"width:100%;height:100%;display:block;position:absolute;top:0;left:0;--initial-opacity:1;--initial-transform:scale(0.15)\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;border-radius:0.5405405405405406% 0.5405405405405406% 0.5405405405405406% 0.5405405405405406% \/ 1.1494252873563218% 1.1494252873563218% 1.1494252873563218% 1.1494252873563218%\" id=\"el-0d2b0ebf-dd69-4a18-95e7-b678b018e98a\">\n<h3 class=\"fill text-wrapper\" style=\"white-space:pre-line;overflow-wrap:break-word;word-break:break-word;margin:-0.051435810810810605% 0;font-family:&quot;Roboto&quot;,sans-serif;font-size:0.339806em;line-height:1.19;text-align:left;padding:0;color:#000000\"><span><span style=\"color: #fff\">Tenants are a huge factor that must be taken into consideration when buying a commercial property. You must be aware of the tenants\u2019 rights under leases or licenses and it is important to familiarize yourself with the Landlord and Tenant Act 1954.<\/span><\/span><\/h3>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:0;top:61.8123%;width:100%;height:11.48867%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-f26646fc-397c-49c8-9e8b-ad4ab3408892\">\n<div class=\"fill\" style=\"background-color:#fff;will-change:transform\"><\/div>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:9.2233%;top:65.37217%;width:78.64078%;height:5.82524%;opacity:1\">\n<div id=\"anim-53ad29e3-bef0-40d5-8aaa-17ef3acb42dd\" class=\"animation-wrapper\" style=\"width:100%;height:100%;display:block;position:absolute;top:0;left:0;--initial-opacity:0;--initial-transform:none\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;border-radius:0.6172839506172839% 0.6172839506172839% 0.6172839506172839% 0.6172839506172839% \/ 5.555555555555555% 5.555555555555555% 5.555555555555555% 5.555555555555555%\" id=\"el-3bff242a-983d-439d-91de-581cc29ef432\">\n<h2 class=\"fill text-wrapper\" style=\"white-space:pre-line;overflow-wrap:break-word;word-break:break-word;margin:-0.13020833333333331% 0;font-family:&quot;Roboto&quot;,sans-serif;font-size:0.485437em;line-height:1.2;text-align:center;padding:0;color:#000000\"><span><span style=\"font-weight: 700\">Tenants<\/span><\/span><\/h2>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/amp-story-grid-layer><\/amp-story-page><amp-story-page id=\"02bbda4f-bdfe-4e57-bda7-8899fdad6da9\" auto-advance-after=\"7s\"><amp-story-animation layout=\"nodisplay\" trigger=\"visibility\"><script type=\"application\/json\">[{\"selector\":\"#anim-f91f3848-c8de-4a4b-8909-e9b9520b9fce\",\"keyframes\":{\"transform\":[\"translate3d(-105.67568%, 0px, 0)\",\"translate3d(0px, 0px, 0)\"]},\"delay\":0,\"duration\":600,\"easing\":\"cubic-bezier(0.4, 0.4, 0.0, 1)\",\"fill\":\"both\"}]<\/script><\/amp-story-animation><amp-story-animation layout=\"nodisplay\" trigger=\"visibility\"><script type=\"application\/json\">[{\"selector\":\"#anim-afc67dbe-9d72-46cc-854f-bb0b0a12b0ed\",\"keyframes\":{\"opacity\":[0,1]},\"delay\":0,\"duration\":600,\"easing\":\"cubic-bezier(0.4, 0.4, 0.0, 1)\",\"fill\":\"both\"}]<\/script><\/amp-story-animation><amp-story-animation layout=\"nodisplay\" trigger=\"visibility\"><script type=\"application\/json\">[{\"selector\":\"#anim-dc1bdf09-e523-4c58-bc8e-8333e781ec0e\",\"keyframes\":{\"transform\":[\"scale(0.15)\",\"scale(1)\"]},\"delay\":0,\"duration\":600,\"easing\":\"cubic-bezier(0.4, 0.4, 0.0, 1)\",\"fill\":\"forwards\"}]<\/script><\/amp-story-animation><amp-story-animation layout=\"nodisplay\" trigger=\"visibility\"><script type=\"application\/json\">[{\"selector\":\"#anim-c54e9e30-6d89-4c67-88bf-3e98c7aa9592\",\"keyframes\":{\"opacity\":[0,1]},\"delay\":0,\"duration\":600,\"easing\":\"cubic-bezier(0.4, 0.4, 0.0, 1)\",\"fill\":\"both\"}]<\/script><\/amp-story-animation><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\"><\/p>\n<div class=\"page-fullbleed-area\" style=\"background-color:#bbb8ac\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:0;top:-9.25926%;width:100%;height:118.51852%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-0595180c-bf32-45fa-b842-de15f7fb9f20\">\n<div style=\"position:absolute;width:133.38544%;height:100%;left:-16.69272%;top:0%\" data-leaf-element=\"true\"><amp-img layout=\"fill\" src=\"https:\/\/www.omaxe.com\/blog\/wp-content\/uploads\/2023\/09\/cropped-Indian-Currency.png\" alt=\"Indian Currency\" srcSet=\"https:\/\/www.omaxe.com\/blog\/wp-content\/uploads\/2023\/09\/cropped-Indian-Currency.png 640w,https:\/\/www.omaxe.com\/blog\/wp-content\/uploads\/2023\/09\/cropped-Indian-Currency-470x626.png 470w,https:\/\/www.omaxe.com\/blog\/wp-content\/uploads\/2023\/09\/cropped-Indian-Currency-370x493.png 370w,https:\/\/www.omaxe.com\/blog\/wp-content\/uploads\/2023\/09\/cropped-Indian-Currency-225x300.png 225w,https:\/\/www.omaxe.com\/blog\/wp-content\/uploads\/2023\/09\/cropped-Indian-Currency-150x200.png 150w\" sizes=\"(min-width: 1024px) 60vh, 133vw\" disable-inline-width=\"true\"><\/amp-img><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/amp-story-grid-layer><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\"><\/p>\n<div class=\"page-fullbleed-area\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:72.57282%;top:-4.85437%;width:23.30097%;height:4.53074%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-8ae92088-3fba-410b-b5ad-519b8d3de6ba\">\n<div style=\"position:absolute;width:101.28779%;height:100%;left:-0.64389%;top:0%\" data-leaf-element=\"true\"><amp-img layout=\"fill\" src=\"https:\/\/www.omaxe.com\/blog\/wp-content\/uploads\/2023\/04\/image.png\" alt=\"image\" srcSet=\"https:\/\/www.omaxe.com\/blog\/wp-content\/uploads\/2023\/04\/image.png 191w\" sizes=\"(min-width: 1024px) 10vh, 23vw\" disable-inline-width=\"true\"><\/amp-img><\/div>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:72.57282%;top:-4.85437%;width:23.30097%;height:4.53074%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-91b8539f-2aba-4463-90f7-46953d9ef938\">\n<div style=\"position:absolute;width:101.28779%;height:100%;left:-0.64389%;top:0%\" data-leaf-element=\"true\"><amp-img layout=\"fill\" src=\"https:\/\/www.omaxe.com\/blog\/wp-content\/uploads\/2023\/04\/image.png\" alt=\"image\" srcSet=\"https:\/\/www.omaxe.com\/blog\/wp-content\/uploads\/2023\/04\/image.png 191w\" sizes=\"(min-width: 1024px) 10vh, 23vw\" disable-inline-width=\"true\"><\/amp-img><\/div>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:-12.37864%;top:69.7411%;width:118.4466%;height:53.23625%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-28827555-fa7a-4ed0-9793-66b701dd602a\">\n<div class=\"fill\" style=\"background-color:rgba(230,30,37,0.7);will-change:transform\"><\/div>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:5.09709%;top:73.94822%;width:89.80583%;height:32.52427%;opacity:1\">\n<div id=\"anim-f91f3848-c8de-4a4b-8909-e9b9520b9fce\" class=\"animation-wrapper\" style=\"width:100%;height:100%;display:block;position:absolute;top:0;left:0;--initial-opacity:1;--initial-transform:translate3d(-105.67568%, 0px, 0)\">\n<div id=\"anim-afc67dbe-9d72-46cc-854f-bb0b0a12b0ed\" class=\"animation-wrapper\" style=\"width:100%;height:100%;display:block;position:absolute;top:0;left:0;--initial-opacity:0;--initial-transform:none\">\n<div id=\"anim-dc1bdf09-e523-4c58-bc8e-8333e781ec0e\" class=\"animation-wrapper\" style=\"width:100%;height:100%;display:block;position:absolute;top:0;left:0;--initial-opacity:1;--initial-transform:scale(0.15)\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;border-radius:0.5405405405405406% 0.5405405405405406% 0.5405405405405406% 0.5405405405405406% \/ 0.9950248756218906% 0.9950248756218906% 0.9950248756218906% 0.9950248756218906%\" id=\"el-97f9ebf1-b210-4fa8-8c60-6b2e3b6dcda0\">\n<h3 class=\"fill text-wrapper\" style=\"white-space:pre-line;overflow-wrap:break-word;word-break:break-word;margin:-0.051435810810810605% 0;font-family:&quot;Roboto&quot;,sans-serif;font-size:0.339806em;line-height:1.19;text-align:left;padding:0;color:#000000\"><span><span style=\"color: #fff\">When buying a commercial property, it is best to always get a free estimate from your Lawyer. Fee estimates are prepared on the information given to you that includes a breakdown of legal fees, the Land Registry fee, a stamp duty calculation plus any other costs that are anticipated.<\/span><\/span><\/h3>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:0;top:58.57605%;width:100%;height:11.48867%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-add1dcb0-3678-4890-9844-fcd556cff5d2\">\n<div class=\"fill\" style=\"background-color:#fff;will-change:transform\"><\/div>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:9.2233%;top:62.13592%;width:78.64078%;height:5.82524%;opacity:1\">\n<div id=\"anim-c54e9e30-6d89-4c67-88bf-3e98c7aa9592\" class=\"animation-wrapper\" style=\"width:100%;height:100%;display:block;position:absolute;top:0;left:0;--initial-opacity:0;--initial-transform:none\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;border-radius:0.6172839506172839% 0.6172839506172839% 0.6172839506172839% 0.6172839506172839% \/ 5.555555555555555% 5.555555555555555% 5.555555555555555% 5.555555555555555%\" id=\"el-d28b662f-4634-4c9e-a26d-0351ab390d5a\">\n<h2 class=\"fill text-wrapper\" style=\"white-space:pre-line;overflow-wrap:break-word;word-break:break-word;margin:-0.13020833333333331% 0;font-family:&quot;Roboto&quot;,sans-serif;font-size:0.485437em;line-height:1.2;text-align:center;padding:0;color:#000000\"><span><span style=\"font-weight: 700\">Costs<\/span><\/span><\/h2>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/amp-story-grid-layer><\/amp-story-page><amp-story-page id=\"e7f688be-7d48-46e6-830e-c9766812141e\" auto-advance-after=\"7s\"><amp-story-animation layout=\"nodisplay\" trigger=\"visibility\"><script type=\"application\/json\">[{\"selector\":\"#anim-f63c47aa-5327-4e37-8dd9-ed6b985ebc6d\",\"keyframes\":{\"transform\":[\"translate3d(105.67567%, 0px, 0)\",\"translate3d(0px, 0px, 0)\"]},\"delay\":0,\"duration\":600,\"easing\":\"cubic-bezier(0.4, 0.4, 0.0, 1)\",\"fill\":\"both\"}]<\/script><\/amp-story-animation><amp-story-animation layout=\"nodisplay\" trigger=\"visibility\"><script type=\"application\/json\">[{\"selector\":\"#anim-d6dfe725-2a8b-4a0a-8dbf-f50163581506\",\"keyframes\":{\"opacity\":[0,1]},\"delay\":0,\"duration\":600,\"easing\":\"cubic-bezier(0.4, 0.4, 0.0, 1)\",\"fill\":\"both\"}]<\/script><\/amp-story-animation><amp-story-animation layout=\"nodisplay\" trigger=\"visibility\"><script type=\"application\/json\">[{\"selector\":\"#anim-bc795407-805e-451f-acc2-5f6e7200934a\",\"keyframes\":{\"transform\":[\"scale(0.15)\",\"scale(1)\"]},\"delay\":0,\"duration\":600,\"easing\":\"cubic-bezier(0.4, 0.4, 0.0, 1)\",\"fill\":\"forwards\"}]<\/script><\/amp-story-animation><amp-story-animation layout=\"nodisplay\" trigger=\"visibility\"><script type=\"application\/json\">[{\"selector\":\"#anim-7996df3a-f995-46cd-b40a-45e629316dac\",\"keyframes\":{\"opacity\":[0,1]},\"delay\":0,\"duration\":600,\"easing\":\"cubic-bezier(0.4, 0.4, 0.0, 1)\",\"fill\":\"both\"}]<\/script><\/amp-story-animation><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\"><\/p>\n<div class=\"page-fullbleed-area\" style=\"background-color:#dbdddf\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:0;top:-9.25926%;width:100%;height:118.51852%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-c9336517-d062-4e79-8587-7298f7888677\">\n<div style=\"position:absolute;width:352.67974%;height:100%;left:-126.33987%;top:0%\" 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disable-inline-width=\"true\"><\/amp-img><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/amp-story-grid-layer><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\"><\/p>\n<div class=\"page-fullbleed-area\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:72.57282%;top:-4.85437%;width:23.30097%;height:4.53074%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-dc76683e-3e61-4d6b-9fc9-847e439ef80a\">\n<div style=\"position:absolute;width:101.28779%;height:100%;left:-0.64389%;top:0%\" data-leaf-element=\"true\"><amp-img layout=\"fill\" src=\"https:\/\/www.omaxe.com\/blog\/wp-content\/uploads\/2023\/04\/image.png\" alt=\"image\" srcSet=\"https:\/\/www.omaxe.com\/blog\/wp-content\/uploads\/2023\/04\/image.png 191w\" sizes=\"(min-width: 1024px) 10vh, 23vw\" disable-inline-width=\"true\"><\/amp-img><\/div>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:72.57282%;top:-4.85437%;width:23.30097%;height:4.53074%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-92f9555c-fb79-4e28-bb1a-e282a8310835\">\n<div style=\"position:absolute;width:101.28779%;height:100%;left:-0.64389%;top:0%\" data-leaf-element=\"true\"><amp-img layout=\"fill\" src=\"https:\/\/www.omaxe.com\/blog\/wp-content\/uploads\/2023\/04\/image.png\" alt=\"image\" srcSet=\"https:\/\/www.omaxe.com\/blog\/wp-content\/uploads\/2023\/04\/image.png 191w\" sizes=\"(min-width: 1024px) 10vh, 23vw\" disable-inline-width=\"true\"><\/amp-img><\/div>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:-12.37864%;top:79.44984%;width:118.4466%;height:53.23625%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-b71c93fb-fffb-4faf-a28b-9df8bc64bac3\">\n<div class=\"fill\" style=\"background-color:rgba(230,30,37,0.7);will-change:transform\"><\/div>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:5.09709%;top:83.65696%;width:89.80583%;height:16.18123%;opacity:1\">\n<div id=\"anim-f63c47aa-5327-4e37-8dd9-ed6b985ebc6d\" class=\"animation-wrapper\" style=\"width:100%;height:100%;display:block;position:absolute;top:0;left:0;--initial-opacity:1;--initial-transform:translate3d(105.67567%, 0px, 0)\">\n<div id=\"anim-d6dfe725-2a8b-4a0a-8dbf-f50163581506\" class=\"animation-wrapper\" style=\"width:100%;height:100%;display:block;position:absolute;top:0;left:0;--initial-opacity:0;--initial-transform:none\">\n<div id=\"anim-bc795407-805e-451f-acc2-5f6e7200934a\" class=\"animation-wrapper\" style=\"width:100%;height:100%;display:block;position:absolute;top:0;left:0;--initial-opacity:1;--initial-transform:scale(0.15)\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;border-radius:0.5405405405405406% 0.5405405405405406% 0.5405405405405406% 0.5405405405405406% \/ 2% 2% 2% 2%\" id=\"el-dd701859-3f80-47e0-a1fb-1dc1e67bc2d5\">\n<h3 class=\"fill text-wrapper\" style=\"white-space:pre-line;overflow-wrap:break-word;word-break:break-word;margin:-0.051435810810810605% 0;font-family:&quot;Roboto&quot;,sans-serif;font-size:0.339806em;line-height:1.19;text-align:left;padding:0;color:#000000\"><span><span style=\"color: #fff\">Other than these, there are many legal aspects to consider before signing a contract and taking possession of the property.<\/span><\/span><\/h3>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:0;top:68.28479%;width:100%;height:11.48867%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-b3a6ab8c-ff2a-4c1b-b87c-0fd2d1416553\">\n<div class=\"fill\" style=\"background-color:#fff;will-change:transform\"><\/div>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:9.2233%;top:71.84466%;width:78.64078%;height:5.82524%;opacity:1\">\n<div id=\"anim-7996df3a-f995-46cd-b40a-45e629316dac\" class=\"animation-wrapper\" style=\"width:100%;height:100%;display:block;position:absolute;top:0;left:0;--initial-opacity:0;--initial-transform:none\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;border-radius:0.6172839506172839% 0.6172839506172839% 0.6172839506172839% 0.6172839506172839% \/ 5.555555555555555% 5.555555555555555% 5.555555555555555% 5.555555555555555%\" id=\"el-2fdd0556-b5a2-46fe-a020-1e59608c0df9\">\n<h2 class=\"fill text-wrapper\" style=\"white-space:pre-line;overflow-wrap:break-word;word-break:break-word;margin:-0.13020833333333331% 0;font-family:&quot;Roboto&quot;,sans-serif;font-size:0.485437em;line-height:1.2;text-align:center;padding:0;color:#000000\"><span><span style=\"font-weight: 700\">Deal Structure<\/span><\/span><\/h2>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/amp-story-grid-layer><amp-story-page-outlink layout=\"nodisplay\" cta-image=\"https:\/\/www.omaxe.com\/blog\/wp-content\/uploads\/2023\/11\/Legal-Considerations-When-Buying-Commercial-Property.png\"><a href=\"https:\/\/www.omaxe.com\/blog\/legal-considerations-buying-commercial-property-in-faridabad\/\" rel=\"\">Read more<\/a><\/amp-story-page-outlink><\/amp-story-page><amp-story-page id=\"a4a0a5d8-2ec8-44af-b780-b824449afbee\" auto-advance-after=\"7s\"><amp-story-animation layout=\"nodisplay\" trigger=\"visibility\"><script 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started. Buying commercial property needs a lot of consideration and lookouts. <\/p>\n","protected":false},"author":2,"featured_media":8123,"template":"","meta":{"web_stories_products":[],"web_stories_publisher_logo":4758,"web_stories_poster":[]},"web_story_category":[],"web_story_tag":[],"wbAuthor":{"name":"Omaxe Limited","link":"https:\/\/www.omaxe.com\/blog\/author\/apwebworld\/"},"wbDate":"Nov 17, 2023","wbCategories":{"space":"","coma":""},"wbComment":0,"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.0 (Yoast SEO v20.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Legal considerations when buying a Commercial property - Omaxe Blog<\/title>\n<meta name=\"description\" content=\"Getting you a commercial property means having to invest a lot more even after buying it to get the business started. 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