Property dealing checklist
1.Key Documents You Must Check Obtain and confirm fundamental property documents before making any token payments. >A lot of Indian homebuyer guides emphasize that the main cause of future conflicts is missing or ambiguous documentation.Title Deed/Sale Deed (Present Owner) Verifies the property’s lawful owner and their ability to sell it. Chain of Title/Mother Deed demonstrates the property’s ownership history, or how it was transferred from one owner to another throughout time. Certificate of Encumbrance (EC) Verifies if there are no loans, mortgages, or legal claims on the property. Accepted Building Layout and Plan Evidence that the construction is in accordance with the plan that the developer or municipal authorities have approved. Certificates of Completion and Occupancy (OC) For finished apartments, these demonstrate that the project was constructed in accordance with the approved plan and is suitable for habitation. Utility bills and property tax receipts demonstrate that the municipality or local authority has no outstanding payments. Khata, Mutation, and State-specific Property Card Verifies that the property is listed in local records under the seller’s name.