When verifying a property, it is important to have the necessary documents in order to ensure that the transaction is legal and secure. Here are some of the documents required for property verification:
Title deed: This document is proof of ownership and should be verified to ensure that it is genuine and not fraudulent.
Sale deed: This document shows that the property has been legally transferred from the seller to the buyer.
Property tax receipts: These receipts show that the property has been assessed by the local government and that all taxes have been paid.
Encumbrance certificate: This document shows if there are any outstanding dues or legal disputes on the property.
Building plan approval: If the property has a building or structure, it is important to ensure that it has been approved by the local authorities.
Power of attorney: This document gives someone else the authority to act on behalf of the property owner; it is important to ensure that the power of attorney is valid and legal.
NOC from the society: If the property is part of a housing society, it is important to obtain a no-objection certificate from the society.
Occupation certificate: If the property is a newly constructed building, it is important to ensure that it has been issued an occupation certificate from the local authorities.
And some other documents are required, you can get the details from the property lawyer before starting the verification process.
Once the documents have been thoroughly verified, the lawyer issues a report that outlines the findings of the investigation. The report includes a detailed legal opinion on the property’s ownership, any outstanding legal issues, and possible risks associated with the transaction.