Do you know how to check developer legality ? Before buying a house from a developer , you should check the legality with the help of a real estate lawyer Milton VT first! Buying a house through a developer or developer is indeed easier because you don’t have to bother taking care of matters related to the bank.
This is because the developer plays a role as a third party who helps take care of the home purchase requirements.Seeing the importance of the developer’s role in the home buying process, of course you don’t want to be faced with naughty developers , right?
Therefore you must really ensure the legality and credibility of the developer. Check out how to check the legality of the developer below, let’s go!
- Find a Trusted Developer
Before ensuring the legality of a developer, you must first look for a trusted developer. In looking for a trusted developer, ask for recommendations from people you know. Even if you are looking for a developer yourself, we recommend that the developer fulfill the following questions:
Since when did the developer work in the property world?
How many successful or failed projects were in the hands of the developer?
How swiftly and timely will the developer handle the customer?
Is the developer proven to have the credibility it deserves?
- Check the Developer Profile
When you want to buy housing through a developer, at least you must have some list of developers that you are considering. To ensure the credibility and legality of the developer, you should first check the background. The backgrounds that are checked can include the developer profile, track record, home sales system, payment system, to the terms of the agreement.
- Check Status Through Sireng
The Ministry of PUPR provides a Developer Registration System (SIRENG) service that can be used to check developer status online. To do this check you must prepare NPWP information , developer ID, or developer name. Later, SIRENG will display developer data including developer name, association, address and status.
When the data is displayed, we often see the statement “the developer is not registered or not active, please contact the developer association”. This information can appear even though the developer status has been registered in the PUPR Ministry system.
- Check Through Associations
If you find that the developer information has not been registered or is not active, you can check the legality of the developer through the related association. Every developer registered in SIRENG must be associated with the housing developer association. So, you can directly contact the relevant association to ask about the legality of the developer you are checking. If it is true that the developer agentgrouprealty.com is registered in the association, you can feel relieved that the legality is guaranteed.
In addition, the association can also provide assistance if in the future you get into trouble with the developer.
- Cooperation with Banks
Apart from legality, make sure the developer you choose is also guaranteed credibility. One aspect that can be used as an assessment of a developer’s credibility is the developer’s cooperation with the bank. If you find that the developer is working with large banks that have high credibility, then you can be sure that the developer also has high credibility. The reason is, the bank certainly does not want to cooperate with problematic developers because it can reduce the image of the bank itself.
- Make sure you have a sample house
When you want to buy a house from a developer with an indent house system, make sure the developer has a model house. The example house is an illustration of the house that will be built later. At least you can get an overview of the finished results, especially to see the quality of the house.
