The Major Documents Required When Buying A Site Or Property
Автор: 360 Mysore Properties
Загружено: 2025-04-14
Просмотров: 36195
Описание:
The major documents required when buying a site or property typically include the title deed, sale deed, encumbrance certificate, khata certificate, and property tax receipts. Other important documents may include the mother deed, building approval plan, occupancy certificate, and any necessary No Objection Certificates (NOCs).
Detailed Explanation:
Title Deed:
This document establishes the ownership of the property and is crucial for verifying the seller's right to sell.
Sale Deed:
This is the legal document that transfers ownership of the property from the seller to the buyer.
Encumbrance Certificate (EC):
This certificate confirms if there are any existing encumbrances or liabilities on the property.
Khata Certificate:
This certificate provides details about the property's revenue account and is used for property tax purposes.
Property Tax Receipts:
These receipts show that the property taxes are paid up to date.
Mother Deed:
This document details the previous owners of the property, providing a history of ownership.
Building Approval Plan:
This plan, approved by the local authorities, outlines the building regulations and specifications for the property.
Occupancy Certificate (OC):
This certificate confirms that the building is safe and meets the necessary standards for occupancy.
No Objection Certificate (NOC):
This certificate is required from various authorities to ensure that the property is free from any objections to its use.
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