Introduction: Before buying property in Kolkata, it’s crucial to verify all necessary documents to ensure that the property is free of legal issues and that the seller has the legal right to sell it. This post outlines the key steps to take when verifying property documents and how Advocate Panchanand Shaw can assist you throughout the process.
- Tittle Deed Verification
The title deed is the most important document in any property transaction. It establishes the ownership of the property and must be carefully examined.
1.1 What to Check in the Title Deed Ensure that the title deed clearly states that the seller is the legal owner of the property. The deed should contain the names of all previous owners if the property has changed hands before.
1.2 How to Verify the Title Your lawyer will conduct a thorough check of the title deed, reviewing the chain of ownership and ensuring there are no gaps or disputes. This verification helps prevent any future legal challenges to your ownership.
2. Encumbrance Certificate
An encumbrance certificate is a vital document that shows whether the property is free from legal dues such as mortgages or loans.
2.1 Importance of the Encumbrance Certificate This certificate ensures that there are no outstanding financial liabilities against the property. It’s crucial to verify this before proceeding with the purchase.
2.2 How to Obtain the Encumbrance Certificate Your lawyer can obtain the encumbrance certificate from the Sub-Registrar’s office. This document will list any encumbrances on the property over a specified period, usually the past 12 to 30 years.
3. Property Tax Receipts
Property tax receipts are proof that the property owner has paid all taxes up to date. Unpaid taxes can lead to penalties or even legal action against the new owner.
3.1 What to Check in Property Tax Receipts Ensure that all property taxes have been paid up to the date of sale. The receipts should match the seller’s name and the property’s details.
3.2 How to Verify Property Tax Payments Your lawyer will request the latest property tax receipts from the seller and cross-check them with municipal records. This step is crucial to avoid inheriting any unpaid taxes.
4. Building Plan Approval
If you’re buying a constructed property, it’s important to verify that the construction has been approved by the local municipal authority.
4.1 Why Building Plan Approval is Necessary Building plan approval ensures that the construction complies with local regulations and building codes. Unauthorized constructions can lead to fines or even demolition.
4.2 How to Verify Building Plan Approval Your lawyer will obtain a copy of the building plan approval from the seller or the local municipal office. This document confirms that the construction is legal and meets all necessary standards.
5. Completion Certificate
For completed properties, a completion certificate is essential as it certifies that the building is ready for occupancy and complies with all regulatory requirements.
5.1 Importance of the Completion Certificate The completion certificate confirms that the construction is complete and safe for occupancy. It’s a key document in ensuring that the property is legally fit for habitation.
5.2 How to Obtain the Completion Certificate Your lawyer can request this certificate from the builder or seller. Without this certificate, the property may not be legally recognized for occupancy.
How Advocate Panchanand Shaw Can Help
Verifying property documents is a complex process that requires careful attention to detail. Advocate Panchanand Shaw can guide you through each step, ensuring that all documents are thoroughly checked and that the property you’re purchasing is free of legal issues.
With our expertise, you can confidently proceed with your property transaction, knowing that your interests are fully protected. For personalized legal assistance, contact Advocate Panchanand Shaw here.