Choosing a property is the most important part of the buying process. In the end, if the choice was not right in terms of Location, Type or Size, it can cause long-term disappointment to you and/or your family.
The following are the points to keep in mind while choosing a property:
You must set a clear budget for yourself and find out at hand if there are any hidden costs associated with the property. You must check the following with your Agent:
Choose an Agent
Besides the obvious fact that your agent should be compatible and honest with you, there are certain prerequisites that you must consider before choosing one.
Once you have chosen the property, you Agent will gather all documents from you and submit it to the Landlord along with the signed Tenancy Contract and Reservation Deposit (which will later be used as Deposit Fee).
Once the Landlord agrees and signs the Tenancy Contract, all the payment cheques are submitted to him. In return, your agent will collect the Premise Key and all Final Utility Bills.
Once you have the property handed to you, you will have to Register for Ejari and later for all Utilities and Telecommunication. It is advised that you have your main lock changed for security reasons and retain the old lock for when you move out.
You must always secure the following documents and their copies for future use or reference: