What are the documents to be verified before owning a flat?

Wondering the things to check before buying a flat? Before owning a flat, it’s crucial to verify several legal documents to ensure a smooth and secure transaction. I’ve shared a checklist of essential documents you should examine.

What are the Documents / Things to Check Before Buying Flat?

The following are the list of documents to be checked before buying a flat,

1. Sale Deed: The sale deed is the core legal document that proves the sale and transfer of the property. Read it carefully and understand all terms and conditions before signing.

2. Completion/Occupancy Certificate (CC/OC):

• Completion Certificate (CC): Issued by municipal authorities upon project completion.

• Occupancy Certificate (OC): Issued by local government agencies, certifying the property’s readiness for habitation.

1. Building Plan: Review the approved building plan to ensure compliance with regulations.

2. Encumbrance Certificate: Verify that the property is free from any legal dues or liabilities.

3. Mutation Certificate: Confirms the transfer of property title to your name in the municipal records.

4. General Power of Attorney (GPA): If applicable, check the GPA’s validity and scope.

5. No Objection Certificate (NOC): Obtain NOCs from relevant authorities (e.g., society, builder, water supply, electricity) to avoid future disputes.

6. Utility Bills: Check utility bill payments (water, electricity, property tax) to ensure no outstanding dues.

7. Bank NOC: If you’re availing a home loan, obtain a No Objection Certificate from the bank.

8. Title Deed: Verify the property’s ownership title.

9. Sale Agreement: Understand the terms and conditions mentioned in the sale agreement.

Remember to consult legal experts or professionals if needed. These documents to be verified before buying a flat safeguard your investment and provide peace of mind during the property purchase process.

Read More: