Property Verification
Property verification is the process of verifying the ownership and legality of a property. The purpose of property verification is to ensure that the property is free from any legal disputes or encumbrances, and that the seller has the right to sell the property.
Easy Process and Documentation
Required Paperwork
- Sale deed or title deed
- Encumbrance certificate
- Property tax receipts
- Building plan approval
- Khata certificate and extract
- NOC from concerned authorities
- Power of attorney
- Occupancy certificate
- Mutation certificate
- Society share certificate
Process, Service Charges, Time duration
- When you send us your paperwork, our experienced staff will review your paperwork with local government officials to determine the service’s cost, feasibility, and completion date. After a quote has been given, it remains fixed. Location affects project duration and cost. Send us your documents and specific requirements to get a price and turnaround estimate.
- On an average Procurement takes four to six weeks.
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DEFINITION OF PROPERTY VERIFICATION
When someone wants to buy a property, get a home loan, put a property up as collateral for a loan, or rent a property for a long time, they need to look at all the documents related to the property before deciding to buy. This is to make sure that the owner doesn’t get into legal trouble in the future because of bad documents.
At LegalDocsAdvisor, we have experts who are solely in charge of verifying property papers and can give you the best advice about the process. It’s never been easier to check on a property.
PROCESS FOR VERIFYING PROPERTY DOCUMENTS
Step 1
Application: To submit an application, complete the online form at LegalDocsAdvisor.com.
Step 2
Step 3
Examining and Approval: Respond to questions posed by the office and obtain legaldocs experts’ approval on property verification.
VERIFICATION OF PROPERTY REQUIRED DOCUMENTS
Documents required
| Sale Deed | Sale Agreement | Will |
| Power of Attorney (PoA) | Release Agreement | Partition Deed |
Chain Of Documents
Title to a property:
The records at the sub registrar’s office show who owns the land at the moment. This is shown on the property title.
Mortgage documents:
If the property has a mortgage, the papers related to it must be checked, and the buyer must be willing to buy it with the mortgage or the seller must pay the mortgage.
Encumbrance certificate:
It is a certificate that says the land has no liens, mortgages, property taxes, etc. on it.
Plan given the go-ahead and built-up area:
A “sanctioned plan” is a plan that has been approved by the government, and a “built-up area” is a piece of land that has been built on.Having a difference between these two could cause trouble.
Property Tax records:
These are the records that show the government that the seller has been paying taxes on the property regularly.
Khata Extract/Khata Certificate
Other documents may be needed depending on the type of property, state rules, and each individual case.
ADVANTAGES OF PROPERTY VERIFICATION
- Assurance that the property involved in the deal is not in a lawsuit.
- After proof, getting loans against property is easier.
- Assurance that the seller has the right to sell the property.
- Avoiding a transaction if fake or forged papers are shown.
- The seller might try to sell the same home more than once.people who can be avoided through online property verification.
