Property Law Videos - Indian Kaanoon- What is property verification/ due diligence of property?


 
It is of extreme importance for a person to carry out a complete verification of the property before buying to avoid any kind of future legal dispute that might arise due to the same. Here is the checklist to keep in mind before buying a property-
 

  1. Check for title on the papers of the property.
  2. Check if property has been registered.
  3. Check if it has been approved by Banks.
  4. Check if there are any pending mortgages on the property.
  5. Check the constructed area as well as the sanctioned area.
  6. Check for occupancy certificate.
  7. Check if property tax has been paid and cleared.