Legal Aid
Title deed / certificate of title of the land: The property title deed is the legal document which proves the ownership of property. The title deed presents certain rights and freedom to the person who holds it and such deeds are required where person wants to transfer his ownership.
Encumbrance certificate: The encumbrance means any liabilities or charges created on any property in terms of any security of any debit by property owner which is not discharged as on date.
Torence Plan: Torence plan is detailed plan of the property which is done by a licensed surveyor.
Pledged land: Many property owners take bank loan by pledging their property. So check they have paid the entire amount due when you are going to buy that property. An NOC from such bank is fair to clear this doubt.
Property Tax receipts: Property taxes are first charge on property that is paid to government or municipality. So you have to make enquiry in government and municipal offices to ensure whether all tax has been paid as on date.
Measurement of Property: It is prudential to measure the land before registering any property. In this way you can ensure the measurements and borders of land are perfect and accurate.
Owner or Owners: In some cases, it’s possible that there will be more than one owner of property. In that case get No Objection Certificate or Release certificate from other owners.
NRI owner: An NRI can also sell his property in India. For this he gives Power of Attorney to third person whom he give rights for selling the property on behalf of him.
Deed/ Sale Agreement: After sorting out all the things whether financial or any other between buyer and seller, it’s now turn for advance payment and agreement between them.
Property Registration: All property sales will be held illegal unless the transaction is by means of a sale deed duly stamped and registered. After collecting and checking all the documents, you have to register land/ property at the Sub-Registrar or the SDM (Sub District Magistrates) of your area.
