- Trace the parent titles of the property and find whether the link of seller and purchaser are in continuity and also verify the schedule of the property mainly Survey Nos.
- Please verify that any conditions have been imposed on sale.
- If any conditions imposed on sale, please confirm it is cleared.
- Please get fresh encumbrance certificate for the property and confirm that no encumbrances are on the property.
- If find any encumbrances on the property, Please confirm that it is cleared.
- Please verify that patta is available for the above property.
- If building is available on the salable property, please verify that proper planning permission and building permission were obtained from the competent authority.
- Please verify that Land tax, Quit rent tax and other taxes, like Urban Land Tax, Property tax, Water tax, EB bill etc., etc., are being paid upto date.
- If the Vendor/s as per the last sale deed, is/are not alive, please verify the legal heir certificate.
- Please confirm from the seller that any agreement and unmarked encumbrances like mortgage, deposit of deeds, lease etc., etc., are not created on the property.
- Please confirm that any civil suit or any other suit are pending on the property and also confirm that no other litigation are on the property.
- If the property is flat/apartment, please confirm that the construction was made on planning permission given by the competent authority and constructed as per the plan obtained.
- Please confirm that the possession of the property is in the hand of the vendor/agreement holder/power of attorney
Wednesday, March 5, 2008
Minimum check list before buying a property
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