[Date]
Please note: Possession will be handed over only after full payment of all dues, including maintenance charges (if applicable).
| Feature | Possession Letter | Occupancy Certificate | | :--- | :--- | :--- | | | Builder | Municipal Authority / Government | | Purpose | Invites buyer to take keys | Certifies building is legal & habitable | | Legal Validity | Contractual | Statutory | | Bank Loan | Required for final disbursement | Required for loan registration | | Cannot get without | Payment of dues | Completion of all civic works | flat possession letter format from builder pdf
A declaration stating that the buyer has settled all outstanding dues, including the final installment and maintenance charges.
"We are pleased to inform you that Flat No. [Number] in Tower [Name] at [Project Name] is complete and ready for handover. You are requested to take possession within [X] days from the date of this letter." [Date] Please note: Possession will be handed over
Complete address, flat number, floor, wing, and project name.
By accepting this letter, you confirm that you have inspected the unit and found it in good condition as per the Builder-Buyer Agreement. You also acknowledge that all payments have been settled in full. [Number] in Tower [Name] at [Project Name] is
: "The purchaser has inspected the unit and is satisfied with the workmanship and amenities...".
But what is the correct format? Why is the PDF version so important? And what clauses should you look out for before signing?
: If a builder fails to provide timely possession as per the agreement, the buyer is entitled to a refund with interest or monthly compensation. Conditional Possession Letters