What Papers should I check before Buying a Flat from a Promoter?

It's important to check what documents to take from builder at time of possession to make sure the property is lawful. This will ensure that you are financially secure before purchasing an apartment from a promoter. Examining these documents aids in confirming ownership, regulatory compliance, and the lack of any encumbrances or legal problems. 

What Documents to Check Before Buying a Flat from Builder?

1. Title Deed: Confirms the ownership of the property.

2. Sale Deed: Legal document transferring ownership from the seller to the buyer.

3. Mother Deed: Traces the ownership history of the property.

4. Building Plan Approval: Ensures the building plan is approved by local authorities.

5. Completion Certificate: Issued by local authorities after construction is completed as per the approved plan.

6. Occupancy Certificate: Certifies that the building is suitable for occupation.

7. Encumbrance Certificate: Verifies that the property is free from any legal or monetary liabilities.

8. No Objection Certificates (NOCs): From various departments like fire, water, and electricity.

9. Mutation Certificate: Confirms the property has been transferred in the revenue records.

10. Utility Bills: Ensures all dues related to utilities are cleared.

11. Bank NOC: If the property was mortgaged, ensure the bank has no claims on it.

These are the documents to be checked before buying a flat from builder. These documents help ensure a clear title and avoid future legal complications.

Get Your Property Documents Scrutinised Via Experienced Legal Advocates at NoBroker 

Read More:

How to verify property documents online quickly and easily?

 

Buying your own house is a great feeling of satisfaction. But buying a house is also a hustle at the same time and you  need to be extra cautious in the process of buying a house. Here I am providing you with a list of documents to check before buying a flat from a builder.  

Documents to check before buying a flat:

• Title Deed 

• Construction Clearance Certificate or Commencement Certificate

• Building Approval Plan or Approved Layout Plan

• No Objection Certificate or NOC

• Land Use Certificate

• Encumbrance Certificate

• Completion Certificate

• Occupancy and Possession Certificate

• Tax Paid Receipts:

• Power of Attorney

• Conversion Certificate 

• Sale Deed

You can avail legal assistance from NoBroker legal assist plan which will help you in buying your dream house at every step. The NoBroker will assign you a legal expert to give you end-to-end assistance in your property purchase. He/she will help you with property title check, sale agreement/deed drafting, registration and many more legal formalities.

Buy property without any risk with NoBroker seller assist plan 

So, these are the documents required to check before buying a flat from a builder.

 

If you are going to buy an apartment from a promoter then you should definitely check out the following documents carefully: Sale Deed and Title Deed: A registered legal document where each and every detail related to the property transaction is mentioned called a sale deed. This document should be registered to become legally valid. After the transferring of property, the sale deed becomes a legal proof of ownership Construction Clearance Certificate: This is one of the important documents while you are buying an ongoing apartment. This document shows the local authority that permission about the construction in the piece of land. Approved Layout Plan: The layout plan should be approved by the local authorities and have no issues related to it. Land Use Certificate: This certifies the purpose for which the land is to be used like there will be different permissions each for commercial activity, agricultural land, etc. Encumbrance Certificate: It certifies that the property is free from any kind of legal and monetary liabilities. NOC: The builder should have No Objection Certificate. It is one of the significant documents issued by the local authority which states that there are no such discrepancies in the present plan that can be duly executed. Completion Certificate: It is issued after the construction on any piece of the land as permitted by the local authorities. It certifies that the property has been constructed according to the approved building plan.