Jun 6, 2022
Buying house? 11 legal documents you must ask for
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The sale deed or title deed, registered with the sub-registrar's office, is another crucial document that records the actual transfer of ownership of the property
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This document, given by the municipal corporation, declares that the building has been constructed in accordance with the sanctioned plan and is fit to be occupied.
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The receipts specify that the owner of property has paid all property tax dues. Paying property tax by the owner verifies the legal status of the property and, hence, serves as a critical document of evidence.
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A non-encumbrance certificate endorses that the property in question is free from all encumbrances or loans. It is a key document to get a loan against property from a bank.
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It is a process of recovering the chain of documents related to the history of the property registered with the land office concerned. The document includes a description of the property and names of title holders. It depicts the whether the property has a clear title or not.
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If you are buying a new property from a developer, you must ask for NOCs from various authorities, including the sewage board, pollution board, environment department, and traffic department, etc.
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Known by different names across different states, the paper is a testimonial that the property has an entry in the local municipal records.
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If the property that is being bought is mortgaged with the bank, it is important to obtain the statements relating to the loan so that there is full disclosure in that regard.
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This is to ensure that the property has been constructed as per the laid down building byelaws, and there were no deviations in the sanctioned plan.
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If you are buying a property through the power of attorney, you should get the original copy of the document from his agent to establish the veracity of the document
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