![]() The documents scrutinised by a legal expert to ensure clarity and transparency. ![]() If the property is registered directly from the builder, the original sale deed should also be takenĪs said and done, it is always important to get all.If there are dues pending, exact details of the same.Statement of account from the builder confirming that no dues are pending.Assignment deed that is duly signed by the seller, buyer, and the builder confirming acceptance of the transfer.The sale and construction agreement between the builder and the buyer.Copy of the title deed provided by the builder to the first registered owner.If the ownership is changed in between, do take the supporting documents for the same.Sale agreement between the developer and the first owner of the property.The registration has not been completed.There could be two possible scenarios while buying a Thus, ask for previous tax paid receipts.Īlso, ask for utility bill including water, electricity, gas, etc. The registration websites of government websites. To ensure that your title is clear of defects, do a ‘title search’ on The document gives the owner evidence of his hold over a Pending dues have been cleared, ask for a no-objection certificate from theįrom other authorities: You must also check for NOCs from the competent authorities, including water board, electricity department, safety, etc. If the property was on loan, check the debt status. You must ask for it from the seller as it is not re-issued at the time of resale. In case of a residential project, the builder issues a possession certificate to the first owner. Both occupancy and completion certificates are required while applying for a home loan for a resale property. Receiving the occupancy certificate is a building deemed fit forĪ completion certificate is issued by the municipal authorities stating that the project has been constructed as per the required norms and regulations. Occupancy certificateĪuthority of the city, this indicates that the construction of the project hasīeen done in compliance with the approved plan and building by-laws. Office where the property has been registered. It can be obtained from the sub-registrar’s ![]() Encumbrance certificateĬertificate proves that the property is free from any monetary or legal It records the actual transfer of ownership of the propertyĪnd acts as a proof of sale. Of the most important documents that a buyer should ask for when buying a Initial booking amount as agreed upon by both the parties, the seller’s lawyers In this post, we list some of the most important documents you need before signing on the dotted lines. After we wrote a post on new versus resale property last month, one of our readers wanted a list of the documents needed when buying a resale property. ![]()
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