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Owner did construction on 50% land and selling rest to other party


08-Sep-2023 (In Property Law)
Dimension of land 40*60. However, owner constructed 50% only and. Selling another 50% land. Is it advisable to buy
Answers (1)

Answer #1
845 votes
Make sure you check the following documents before buying the property

1. Sale Deed / Title deed / Mother deed / Conveyance Deed

2. RTC Extracts.

3. Katha Certificate and Extracts.

4. Mutation Register Extracts

5. Joint Development Agreement

6. General Power of Attorney

7. Building plan sanctioned by the Statutory Authority

8. NOC from Electricity Deptt/Pollution Control Board/Water Works/ Air Port Authority

9. Supplementary agreement / Ratification Deed (if any)

10. Allotment Letter from the Builder/Co-Operative Society/Housing Board/BDA.

11. Builder Buyer Agreement - BBA

12. Construction Agreement between Builder & Owner

13. Copy of possession letter from the builder

14. Payment receipts paid towards the builder

15. If any loan on the property (Current or past) / Original Property Documents with Bank

16. Sale agreement with the Seller

17. Latest Tax Paid Receipt till Date of Registration (Property Tax/Municipal Tax etc)

18. Encumbrance Certificate up to date for latest 13 years or from the date of registration till date

19. Demand Letters from the Builder

20. NOC from the Society/Building association.

21. No-due certificate from the building association.

22. Approved plan of construction/extension & license for construction.

23. Conversion order/betterment charges paid receipt.

24. Layout approval plan sanction

25. Auction Sale confirmation letter from Local Development Authority

26. Release deed (If applicable)

27. Completion Certificate

28. Occupancy Certificate

29. Loan/Charge/Mortgage by Builder:

30. Deed of Declaration

31. Latest Electricity Bill

32. Maintenance Bill or Common Area Bills & Receipts

33. ID & Address proof of Seller. Verify Signature on PAN Card

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.

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