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Articles Home > Property Trendz > What you must check before signing on the dotted line
What you must check before signing on the dotted line
By 99acres Media   
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Documents you must check

Buying a property? You might be well prepared with the financial and transaction angle, but do you know what documents you must check before sealing the deal? Our legal expert, Siddhartha Shah throws light on the legal clearances to be checked before any transaction.

Following are the prerequisites which ought to be checked and clarified: 

• Systematic Registered Agreement for sale entered into between the previous parties

• 7/12 Extraction and Village form No.6 (Mutation entries) of the said property

• Noting of the appropriate names in the Property card

• Approved Location Plan stating the right locations

• City survey plan from the appropriate authority and, or survey plan from the revenue department

• Layout Plot plan approved by the local authority

• Architect certificate about the Layout Plot - Clarity on the common areas and the facilities by each of the entities or the structure constructed or to be constructed on such Layout Plot

• Latest Title and Search Report for minimum of last 25 years from an advocate/Solicitor regarding the subject property

• Non-Agricultural Order attached along with the appropriate clearances from the authorities • Clearance Certificate under Urban Land Ceiling Act, 1976 giving clear noting of the subject property

• Building/Structure Plan approved by the appropriate authority as per the Development control rules and regulations

• Clear Commencement Certificate

• Clear Completion Certificate

• Clear Occupation Certificate

• Systematic List of Flat Purchasers

• Proof of payment of Stamp Duty

• Registration compliances of the Subject property

• Development agreement or agreement for sale executed between the landlord and the builder for development or for transferring the right, title and interest in the land in favour of the builder

• Any other correspondence regarding the land or building related documents or any other papers in support of the application

• Legal notices sent to the builder and other interested parties to execute the conveyance deed or declaration as provided under Maharashtra Apartments Act, 1970 in favour of the applicant/s, if any

• Draft conveyance deed/Declaration proposed to be executed in favour of the applicant

Consulting a good property lawyer for better clarity is suggested before finalizing any transactions and for any other needed compliance for a smooth home buying process.

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