If the property is not giving free to you and you do not have the money..apply a loan with banks

Buy with cash just find lawyer sign documents.

No money buy then have to apply loan then find lawyer  sign documents.

Generally, if you are buying like any purchaser irrespective of the relationship with the seller, normal procedures apply.

Sign SnP, apply bank loan and appoint a valuer to prepare a valuation report. Legal fees, MOT, Stamp Duty, Valuer Fees and MRTA payable.

How much the bank can loan will depends on your financial qualifications and credit score. It doesnt matter if is house, condo, shop, office, factory or land.

If the property is still under financing and if your loan approved amount cannot cover it, then 'your' have to top-up the difference.

Alternatively, you can also be a shareholder of the company which makes you indirectly the owner of the shoplot. Again it depends on who are the other shareholders.

Seek the advise of the company's accountant. He is the better person to guide you.

Reasons for buying over is important for a proper advise as every purchase is different.