In case of partnership for gaining from the price difference , the apartment will be registered in the name of an entity – mostly a Limited Liability Partnership (LLP) firm.
The Agreement to Sale executed in favour of the LLP can be verified before making your decision.
Such partners contribute towards the capital of the LLP as displayed.
Their contribution determines their share in profit and is recorded in the LLP agreement which they will sign
Each such partner will have to do a complete KYC without which their application wont be taken on record.
The partners decide whether to retain or sell the apartment if they are getting a decent offer. For this purpose they can engage the services of Quikr PropX itself or any other broker as they may please.
Any profits made will be shared between the partners as per their profit sharing ratio in the LLP agreement.
Thereafter the LLP will be wound up.