Key Consumer Rights
As a consumer, you are entitled to the following rights when purchasing property or engaging in real estate transactions:
- Right to Information: You have the right to receive clear and accurate information about the property, including its legal status, ownership, and condition.
- Right to Protection Against Fraud: You are protected against fraudulent practices, such as misrepresentation, non-disclosure of property defects, or fake ownership claims.
- Right to a Fair Contract: You are entitled to a transparent and fair contract that clearly outlines the terms and conditions of the property sale or lease.
- Right to Safe and Habitual Property: You have the right to purchase or lease property that is safe for living and meets required standards for health and safety.
- Right to Refunds or Compensation: If the property does not meet the standards or if there are issues with the transaction, you are entitled to a refund, compensation, or legal recourse.
- Right to Fair Dispute Resolution: If a dispute arises, you have the right to access proper legal channels or consumer courts to resolve the issue fairly.
- Right to Privacy: Any personal data you provide during property transactions must be handled confidentially, in line with data protection laws.
How to Protect Your Consumer Rights
Here are some steps you can take to protect your rights as a consumer in property transactions:
- Always Conduct a Legal Check: Verify the legal title and ownership of the property. Ensure that there are no pending legal disputes or encumbrances.
- Get Professional Legal Assistance: Always consult with a lawyer to review contracts and legal documents before signing them.
- Ensure Transparency: Always ask for written documents related to the property, including inspection reports, sale agreements, and permits.
- Keep Records: Maintain a record of all transactions, including receipts, contracts, and communications with property agents or sellers.
- Report Violations: If you experience fraud or unfair practices, report them to the relevant consumer protection authorities or legal bodies.