Property360Digest E-MAGAZINE Issue#6 | Page 8

COVER STORY /// 8

LEGALIZING BOOKING FEES COLLECTION ?

For many naïve and unwary purchasers , signing a booking proforma with a housing developer or its agent or lawyer and paying a sum of booking fee before the formal Sale & Purchase Agreement is signed are part and parcel of the standard operating procedure to purchase a residential property . So , it seems !
PROPERTY360DIGEST E-MAGAZINE ISSUE # 6