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Documents required for home-loans in re-sale property
19-Jul-2023 (In Property Law)
Hi, I am purchasing a resale apartment and the seller (second owner) has got this apartment in lieu of transferring his land to the first owner.in this way he has saved registration charges.please let me know what are the documents required for getting home loan approved for this apartment and also for verification purpose.
Absolute sale deed in present seller’s name
Khata certificate & extract from BBMP
Latest tax paid receipt
If any loan outstanding on the property, latest statement from bank
Encumbrance Certificate from date of purchase till date
Agreement of sale & construction executed by developer in favour of seller
Latest electricity bill & receipt for the said flat
NOC from Apartment Association
Sanctioned building plan
Possession/occupancy certificate from builder
All title documents of land owner
Joint development agreement, GPA, & Sharing/supplementary Agreement, between land owner and builder
Whether originals are available for inspection if no loan is taken?
A Copy of all registered previous agreements (in case of re-sale property)
RTC (Records of Rights and Tenancy Corps) or 7/12 extract
Conversion Order issued by the concerned Authority
Registered development agreement (If in case of Joint Development Property)
Power of attorney/s if any
Photocopy of Society share certificate & Society registration certificate.
Khata certificate & extract from BBMP
Latest tax paid receipt
If any loan outstanding on the property, latest statement from bank
Encumbrance Certificate from date of purchase till date
Agreement of sale & construction executed by developer in favour of seller
Latest electricity bill & receipt for the said flat
NOC from Apartment Association
Sanctioned building plan
Possession/occupancy certificate from builder
All title documents of land owner
Joint development agreement, GPA, & Sharing/supplementary Agreement, between land owner and builder
Whether originals are available for inspection if no loan is taken?
A Copy of all registered previous agreements (in case of re-sale property)
RTC (Records of Rights and Tenancy Corps) or 7/12 extract
Conversion Order issued by the concerned Authority
Registered development agreement (If in case of Joint Development Property)
Power of attorney/s if any
Photocopy of Society share certificate & Society registration certificate.
Helpful?
Adv. Siddhant Sharma
Delhi | 500+ Answers
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