Transfer charges

When a buyer assigns their booking to a new buyer before possession, the developer typically charges a transfer fee and executes fresh documents. The fee is often stated per sq ft or as a percentage of the price.

Transfer requests need a clean process: check dues are paid, issue a no-dues letter, update the customer record and ledger, and generate new demand letters in the new buyer's name. Doing this in spreadsheets often leaves stale contacts on the account.