Land is a valuable asset and it is important to understand the legal documents that are required before buying a land or plot to avoid any kind of complications later on. There are several documents to be verified before buying a land that will help you know more about the property and its legal aspects.
Why Do Documents To Verify Before Buying A Plot Is Important?
Buying a plot or land is one of the biggest decisions in a person’s life. It requires a lot of research and effort. Therefore, it is important to verify all documents related to your property before making the final decision. The following are some of the documents to check before buying agricultural land or residential land in Lucknow:
10 Plot Document Verification Certificates
Here are some of the most important legal documents that are required for buying a land or plot:
1. Sale Deed
The first document to be verified is the sale deed. The seller should provide you a copy of the sale deed and you will have to check if it has been registered with the sub-registrar office and if there are any encumbrances on the property. You can also check for any bank loans or dues that may be pending against the property before making an offer for it.
2. Khata Certificate
The second document that you should verify is the khata certificate/extract (if available). This will give you an idea about owner details, property details, how many plots are present in that particular area, whether they are all in your favor or not and how much area each plot takes up in square meters. This information will help you decide which plot to buy as well as what area suits your budget best.
3. General Power Of Attorney
This is an important document that allows you to transact on behalf of the seller once you have purchased the land or plot. The GPA allows you to make financial transactions and sign documents related to the property without having to personally meet with the seller.
4. No-Objection Certificates (NOC):
A No-Objection Certificate (NOC) is required by any person who wants to buy a plot or house in another city or state. It states that there are no legal issues with regard to your ownership of a property in another state or city as well as its utility connections, taxes and other charges levied by that particular state or city council.
5. Allotment Letter
The first thing that you need to check is the allotment letter from the government authority. This document will prove whether or not the property belongs to you and whether or not it has been registered with the relevant authorities. You can also get this verified from the local municipality office where your property is located or from your lawyer or real estate agent who can help you with this process.
6. Sale Agreement
Once you have verified your allotment letter, it is time for you to check your sale agreement carefully before signing it off because once you have signed it off, there’s no going back on your decision! The sale agreement contains all the details about the transaction between both parties involved and includes important information like price, payment method and possession date etc.
7. Possession Letter:
The possession letter is a document that verifies the legal ownership of a property. It is issued by municipal corporation or local government and states the owner’s name, address, and other details. The possession letter is required for registration of property in India and is essential for any transaction involving land or plot.
8. Payment Receipts:
Payment receipts are issued after payment has been made to the seller or buyer of a property. It contains details such as date, time, amount paid and other relevant details of payment made. These receipts are often used as proof of payment by banks while providing loans against property or while making transfers between two individuals.
9. Property Tax Receipts
The tax receipt will show the amount paid to the government and it is a good way to check if the seller has already paid his dues. This document can also be used to check whether or not there are any pending taxes on the property, which may lead to extra charges at the time of purchase.
10. Encumbrance Certificate
This is one of the most important documents that you need to verify before buying a land or plot in 2023. It will reveal whether there are any restrictions in your property, such as encroachments from other parties and how much area has been encroached upon by others. This can help you plan for future developments as well as maintenance works that may be required after buying the property.
Conclusion
Buying land and real estate can be a risky task for any home buyer. With the current levels of fraud in the market, it is not always easy to tell when someone is trying to take advantage of you. Fortunately, there are some steps you can follow to ensure you are buying a legitimate property that won’t break your bank in 2023.
FAQs on Plot Document Verification Documents
Is Land Registry a legal document?
Land Registry is a legal document. The Land Registry Office produces and maintains a record of who owns land in India. It is a legal requirement for anyone buying or selling land or property to check the Land Register to ensure legal ownership and title of the property. This means that you can be confident that the information held by the Land Registry is accurate and up to date.
Why do you need a lawyer when buying land?
Buying land is a big decision, and it’s important to get legal advice before you sign on the dotted line.
Land lawyers are experienced in buying, selling, renting and leasing land, so they can help you avoid costly mistakes. They also have a thorough knowledge of all the laws that apply to this area of law.
A good land lawyer will be able to answer all your questions about purchasing property and make sure that everything is done correctly.
How do I verify original property documents?
To verify a property, you will need to contact the seller and ask them for copies of their original title deed and any other documents related to the property. Make sure that these are not photocopies or scans but the actual papers themselves. If there was ever a dispute over ownership or if there were any changes in title, there should be clear evidence on these documents.
How do I know if my plot is under litigation?
If you have bought a plot and want to know whether it is under litigation or not, you can check with the local municipality. You can also check with the District Court if they have filed a case against your property.
If there are no legal cases against your property, then it is probably safe to assume that no one else has any claim on your land. However, this does not mean that someone will not try to file a case against your property in future. If you are concerned about legal issues with your plot, you should consult with a lawyer or seek legal advice before buying the property.