Property Documents: Before buying a property, definitely check these 6 documents once, there will be no problem later..

Property Buying Tips: Due to high rates, it has become very difficult to buy property in today's time. On the other hand, fraud in property (property news) cases has also increased so much that the buyer needs to be cautious in every way. A little carelessness while buying a property (Property Documents Checklist) can be very costly, you can even lose the property along with the money. Therefore, always do not forget to check these 6 documents (property documents) while buying a property.

1. RERA Certificate -

If the property you are buying is registered with RERA (Real Estate Regulatory Authority), then it is very safe and beneficial for you. After the Regulation and Development Act in the year 2016, it was decided that registration of a real estate project in RERA (Property registration) is necessary so that people can reliably get property.

2. Sale Agreement-

The important document related to the property is the sale agreement. It contains complete details about the property, from the date of possession to its terms and conditions. This document must be checked before buying the property. Usually, banks demand this sale agreement document while giving home loans.

3. Occupancy Certificate-

The Occupancy Certificate makes it clear whether the person selling the property has possession of that property or not. It is issued by the local authority. Only after thoroughly examining this document, take a further decision to buy a property.

4. Encumbrance Certificate

If there is any dispute on the property, it will be immediately known from the Encumbrance Certificate. Therefore, this document must be demanded. Only after this, you should proceed further in the matter of property purchase.

It will be right for you to buy any property (property buying rules) only if it is free from all kinds of disputes, otherwise, you will have to go to the courts throughout your life. This document shows whether the property (property purchasing tips) is mortgaged or not or whether any loan etc. is pending. Keep in mind that no one sells you government property by calling it private.

5. No objection certificate (NOC) -

There is a ban on the purchase and sale of many properties (property tips). Therefore, do check whether the local officials and authorities have any objections to the property you are going to buy. If you are buying a property of a project, then definitely take NOC from the builder. If there is some other property seller, then you can ask for NOC from him.

6. Certificate of ownership -

Property ownership certificate is considered the most important document, it tells about the ownership of land or property. It is made by a lawyer, you can also take help from legal experts while purchasing property (property purchasing tips).

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