Real Estate Buyer Intake Form

Real Estate Buyer Intake Form Template for India

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Key Requirements PROMPT example:

"I need a Real Estate Buyer Intake Form for my Mumbai-based agency that handles mid-range residential properties, compliant with RERA 2023 guidelines and suitable for first-time homebuyers with loan requirements."

Document background

The Real Estate Buyer Intake Form is a crucial document used in Indian property transactions to initiate the home-buying process. This form is designed to collect comprehensive information about potential buyers, including their personal details, financial capacity, property preferences, and required documentation. It serves as a preliminary screening tool and helps ensure compliance with Indian real estate regulations, particularly RERA guidelines and anti-money laundering requirements. The form is typically used by real estate agencies, property developers, and legal professionals to streamline the property purchase process and maintain proper documentation for regulatory compliance. It's particularly important in the Indian context where property transactions require extensive due diligence and verification of buyer credentials.

Suggested Sections

1. Personal Information: Basic details of the buyer including full name, age, permanent address, contact information, PAN card details, and Aadhaar number

2. Employment/Business Details: Information about occupation, employer/business name, annual income, and years in current employment

3. Property Requirements: Specifications of desired property including type, location preferences, budget range, and intended use (self-occupation/investment)

4. Financial Information: Details about payment capacity, source of funds, preferred payment method, and down payment capability

5. Co-applicant Information: Details of any co-applicants who will be part of the property purchase

6. Current Residence Details: Information about current living situation (owned/rented) and duration of stay

7. Document Checklist: List of required documents for property purchase and verification

8. Declaration: Buyer's declaration about the truthfulness of provided information and consent for verification

Optional Sections

1. NRI Details: Additional information required for Non-Resident Indian buyers, including passport details, overseas address, and NRE/NRO account information

2. Loan Requirements: Details about home loan requirements, preferred lenders, and existing loans if seeking financial assistance

3. Power of Attorney: Information about authorized representative if the buyer wishes to nominate someone for property-related transactions

4. Investment Portfolio: Details of other real estate investments and assets for high-value purchases

5. Special Requirements: Specific amenities, facilities, or modifications required in the property

Suggested Schedules

1. Identity Proof Documents: Checklist and copies of acceptable ID proofs (Aadhaar, PAN, Passport, etc.)

2. Income Proof Documents: List of required income proof documents (ITR, Salary slips, Business statements)

3. Property Preference Sheet: Detailed specifications of preferred property features and amenities

4. Bank Details Form: Format for providing bank account details and financial information

5. FEMA Declaration: Required declarations for NRI buyers under Foreign Exchange Management Act

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok��˰� | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

alex.den.21@genieai.co

Relevant legal definitions

Clauses

Relevant Industries

Real Estate

Construction

Banking and Financial Services

Legal Services

Property Management

Investment and Wealth Management

Urban Development

Housing Finance

Relevant Teams

Real Estate Sales

Legal

Compliance

Customer Relations

Property Management

Documentation

Marketing

Financial Services

Business Development

Relevant Roles

Real Estate Agent

Property Manager

Legal Counsel

Compliance Officer

Sales Manager

Customer Relations Manager

Property Consultant

Real Estate Developer

Marketing Director

Financial Advisor

Mortgage Specialist

Documentation Officer

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