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What are the documents needed while doing a purchase/sale of property, in India?

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There are essential legal documents needed to sell property in India, as well as buying property in India. Let’s break it down

Documents for Purchasing Property

  • Sale Agreement: Details the terms, property description, and agreed price between the buyer and seller.

  • Transfer of Ownership Documents: Registers the change of property ownership with the local authority, confirming the sale.

  • Property Title Review: Essential for home loan applications, providing a history of ownership and property details.

  • Local Authority Registration Certificate: Proof of the property’s record in municipal documents.

  • Property Tax Payment Evidence: Confirms that all due taxes by the previous owner have been settled.

  • Loan Clearance Certificate: Verifies no pending loans on the property, crucial for financing applications.

  • Habitation Certificate: Issued post-construction, certifying the building’s compliance with plans and readiness for occupancy.

  • Bank Loan Statement (if applicable): Shows any outstanding loans, ensuring transparency in financial obligations.

  • No-Objection Certificates: Required from various departments, confirming no legal impediments to construction.

  • Approved Construction Plan: Guarantees adherence to sanctioned construction plans by the developer.

  • Authorized Representative Document: Confirms the legal authority of any representative acting on the owner’s behalf.

Documents Required for Selling Property

  • Sale Deed: The primary document for transferring property ownership to the buyer.

  • Mutation Record: Important for updating government records with the new owner’s details.

  • Power of Attorney: Necessary for sellers not physically present, allowing representatives to act on their behalf.

  • Building Plan and Occupation Certificate: Confirms the legality of the construction and its compliance with approved plans.

I hope this helps!

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