: Confirmation that the buyer has paid the full consideration amount and all other dues.
If you are the developer, print this finalized PDF directly onto your company’s official corporate letterhead.
A flat possession letter is a crucial legal document issued by a real estate developer to a property buyer. It officially states that the property is ready for occupancy and transfers the physical custody of the flat to the buyer.
The flat number, floor, wing, and building name.
: Issued by the builder to the buyer, allowing the buyer to physically take over the specific flat. Essential Elements of a Valid Possession Letter
Test all electrical switches, sockets, light fixtures, faucets, flush tanks, and showerheads to ensure they work.
: A declaration stating that the builder has received the full and final consideration amount as per the sale agreement. Possession Date : The specific date on which the physical handover occurs. Satisfactory Inspection Clause
Common area maintenance charges for the said unit shall commence from [Date]. Yours Faithfully,
Explicit mention of the or Completion Certificate (CC) number issued by the local municipal corporation or planning authority.
Ensures the property is free from any legal dues, monetary liabilities, or unpaid mortgages. Key Components of a Comprehensive Possession Letter