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QUESTION

What are the Documents required before buying or selling a property in Vadodara? Please Advise People those are not aware of the documents. Dose there any changes from state to states?

By Nikunj   a month ago  14 views
 
 
 
 
 
 
 
ANSWERS (2)
 
 
 
 
koena kashyap 4 weeks ago
Hi Nikunj, according to Transfer of Property Act, right, title or interest of the property can be acquired only if the deed is registered. The following documents are required for applying for Gujarat property registration:
-Input Sheet It should contain the details of the document with the signature of concerned parties
-Application form [No. 1] If the document is covered under section 32-A of the Gujarat Stamp Act, 1958 to determine the market value of the property
-Proofs of the identity of executing and claiming parties and witnesses
-Proofs of ownership right of the property
-Original and true copy of the Instrument of power of attorney, if the document is signed or presented using it
The registration deed alongwith these documents needs to be presented for registration at the office of the Sub-Registrar within whose sub-district the property is situated.
Also, though the documents required for property selling/buying is almost similar across the country with only minor differences in few states for example- In Bangalore, you need to have these documents in order:
-Sale deed [original]
-Sanctioned Plan- building plan approval, layout, etc.
-Letter of allotment from society/ authority
-Encumbrance Certificate of the property for a minimum period of 15 years.
Apart from this, do due-diligence and verify if there are any litigations, objections in revenue, municipal offices about inheritance or any other matter about the property.
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Nikunj Thanks
3 weeks ago
 
 
 
 
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amirah sharma 4 weeks ago
Hi Nikunj! The following documents should be checked while purchasing a property: letter of allotment, encumbrance certificate, sanctioned plan, society documents, sales agreement and property tax payment receipts.
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Nikunj Thanks for sharing the information.
3 weeks ago
 
 
 
 
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