Property Title Deed
The Property Title Deed is a legal document that establishes ownership of a property. It contains detailed information about the property's owner, location, and boundaries. This document is crucial for verifying the legal ownership before any transaction.
Sale and Purchase Agreement
The Sale and Purchase Agreement is a binding contract between the buyer and the seller outlining the terms of the property sale. It specifies the agreed price, payment schedule, and other important conditions. This agreement protects both parties during the transaction process.
Encumbrance Certificate
An Encumbrance Certificate certifies that the property is free from any monetary or legal liabilities. It records all transactions related to the property, ensuring there are no outstanding loans or mortgages. This certificate provides peace of mind to buyers and lenders.
Building Plan Approval
The Building Plan Approval is an official authorization from the local municipal authority for construction plans. It ensures that the building complies with zoning rules, safety regulations, and urban planning. This approval prevents illegal constructions and future disputes.
Property Tax Receipts
Property Tax Receipts are proof of timely payment of property taxes to the local government. They confirm that there are no pending tax dues on the property, which is essential during sale or transfer. Maintaining updated tax receipts safeguards the transaction process.
Occupancy Certificate
The Occupancy Certificate is issued after the construction is inspected and approved for habitation. It certifies that the building meets all safety and regulatory standards. This certificate is mandatory for legal occupancy and utility connections.
No Objection Certificate (NOC)
A No Objection Certificate (NOC) is issued by various authorities confirming no objections to the property transaction. It may come from local bodies, society, or lenders ensuring the property's clear status. Obtaining the NOC is vital to avoid legal complications.
