Check these 10 documents, to avoid legal disputes!
WHY?
Because: Ignorance of the law. Is No excuse!
Documents:
1: Title Document –
If you bought it from someone (Sales Deed), If you got it from your father, then it's (gift deed), If you brought it from the municipal corporation (conveyance deed). Never buy or sell through the power of attorney.
2: Channel Document (Past buy/sell docs) –
The lawyer will help you out here (These details are already out there on the sales deed).
3: Encumbrance Certificate –
Either this property on girvi (Mortgage) or not to any bank or any other institutions – Go to the regional registry of that property (can be applied through a website) – fill the form no 22 (Application form for searches, Inspections, and grant of copies – then registry would reply you within next 15 – 30 days, and they would tell you whether there is any loan on the property if the tax has been paid or not, All the necessary details about the property.
4: Occupancy Certificate (For flats) –
It refers to a document that certifies that a building adheres to the national building costs and is suitable for occupancy. Always check builders' OC.
5: Allotment Letter (For flats and plot)-
Get an allotment letter at the time of purchase from the builder or flat owner that was given to him by the builder, and check whether the builder also has an allotment letter from UIT (or Regional development authority).
6: Tax Receipts (Utility Bill)(For flat or commercial or residential except plot) –
UDT (Urban Development Tax) – its receipt would help you to clear its title/original owner.
7: Car Parking Allotment Letter (For people living in flats, society, or colony)
8: No Objection Certificate: (Maintenance paid or not to the society?) –
Ask the flat owner to get you a NOC from your society welfare that you not having any pending amount left toward society welfare.
9: Mutation Letter (Dhakhil Kharij) –
Register your name in the regional govt database (In the case of a plot or individual house).
10: Conversion Certificate –
If your land is agricultural, then it takes a much bigger amount to get convert into non-agricultural land. (Never buy gohchar land “land for animals”).
· Tip #1: When a property owner lives away from their property for long time… then fraudster may create their fake documents of their property…and sell the property. So check every document thoroughly.
Tip #2: Understand behavior, if showing urgency…so find out why he doing this? Like asking advance booking amount, instantly.
Tip #3: Don’t pay a higher token amount.
Tip #4: Check past builder projects he did, and survey out there…the advantages or disadvantages people faced out there with builders.
Comments
Post a Comment