legal things to check before buying a flat?
15-May-2023 (In Property Law)
what are the legal things to check before buying a flat.
Sir,
Please see the mother deed that is who is the real owner of the property. Later you find is there is an agreement between the builder and the land lord. It will involve all aspects like share, considerations.
Later please search that the builder or the owner had obtained the necessary permission for the local concerned authority and also check the sanction plan and permission of built up area.
Please check is any liability on the said property by going through Encumbrance certificate and check is there is a litigation on the said property.
If you have more doubts, better you consult an advocate.
Please see the mother deed that is who is the real owner of the property. Later you find is there is an agreement between the builder and the land lord. It will involve all aspects like share, considerations.
Later please search that the builder or the owner had obtained the necessary permission for the local concerned authority and also check the sanction plan and permission of built up area.
Please check is any liability on the said property by going through Encumbrance certificate and check is there is a litigation on the said property.
If you have more doubts, better you consult an advocate.
These things you must check before buying property,first thing 1.APPROVAL AND LICENCES: (a). Title Deed (b). Release Certificate r deed & Check Encumbrance Certificate:(c). Verify land use (d). Approvals by Local Body (e). Property Tax Receipts 2.LIST OF BANKS FINANCING THE PROJECT 3.CALCULATE THE TOTAL COST 4.VERIFY THE BUILDER 5.THE RIGHT PLAN that's it .
Disclaimer: The above query and its response is NOT a legal opinion in any way whatsoever as this is based on the information shared by the person posting the query at lawrato.com and has been responded by one of the Divorce Lawyers at lawrato.com to address the specific facts and details.
Connect with top Property lawyers for your specific legal issue
No Comments! Be the first one to comment.
- Varisan certificate process and fees and from where it is applied
- Legal Documentation for Claiming Ancestral Property Share Without Disp
- Agriculture land and house property are two separate entities or singl
- Grandfathers property sold out by the grand daughters.
- Gift deed from mother to son but paid in cash the property value
"lawrato.com has handpicked some of the best Legal Experts in the country to help you get practical Legal Advice & help."