What is a Possession Letter & why do you need it? 📜🏠

🏡 Ready to Move In? Here's Why Your Possession Letter is Key!

📜 A possession letter isn’t just a formality—it’s your gateway to securing your dream home and completing essential legal and financial steps.

✨ Why is it important:
✔️ It’s required by banks for final home loan disbursement.
✔️ Confirms the transfer of possession and payment completion.
✔️ Provides critical details about your property.

💡 Pro Tip: Always ensure you collect the possession letter, even for resale properties, and remember—it’s NOT a proof of ownership. Legal ownership requires a registered sale deed and proper documentation.

🔑 Know the difference between allotment letters, possession letters, and occupancy certificates From this reel—each plays a unique role in your real estate journey.

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