Purchasing a property is a significant milestone in one’s life. it’s essential to exercise due diligence and verify the property documents thoroughly. Property document verification is a critical step in ensuring a secure real estate transaction.
Legal Verification of property is essential for :
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Verification of property Title
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Ensuring the legal Ownership / Original Seller
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Ensuring No Encumbrance on the property
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Invest In Plan approved by the competent authority
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Possession certificate issued by the competent authority.
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Fulfilling conditions for The Bank Loan
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Verifying other documents
Be smart on your part and do check the property documents legal verification while involved in the property buying / selling process. Due diligence and awareness of your rights can undoubtedly protect you from falling into trap of false and misleading developers/Sellers . For those who are wondering how to check whether the property you are about to purchase is legally clear.
We are here to help you
Our services Includes :
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Documents Inspection,
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Verify from local authorities,
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Survey the Property,
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Verify encumbrance certificate and other related documents.
Call: 9914211006
Call : 9914211006
Importance of legal verification
- Investment in land and property is a growing trend in India as more and more people invest loads of money in real estate, either for business or personal use.
- They invest their lifetime income and savings in purchasing land or property. So, it is very essential to get legal verification of a property done beforehand. It helps the buyers to stay safe from being a victim of fraud and forgery.
- Property/estate can be tangible or intangible and is purchased by anyone for any occasion. The ownership of a property means the individual possesses the absolute right to sell, use or rent it accordingly.
- The transaction between a buyer and seller is crucial and should be commence wisely to avoid complications in the future.
The owners can enjoy certain benefits acquired from the legal verification of a property. These are:
- The legal verification of a property serves as a reminder and evidence that the property involved in the transaction is free of legal charges/lawsuits
- Many documents are required to purchase and sell a property, and legal verification of a property makes it risk-free to transfer. They must follow the rules and regulations according to law provisions.
- The legal verification of property makes it essentially efficient to procure loans against it.
- The legal verification of a property gives the necessary assurance that the seller can make a transaction regarding the property as he owns the title.
- Any kind of forced or fraudulent documents or activities can be avoided if the seller has done the legal verification of a property.
- Many times it is seen that the same property is being circulated in transactions through the same seller who creates forged documents to deceive people. This can be prevented if the legal verification of a property is properly completed, and they must take legal advice on such occasions of fraud.
- Any false information related to properties can be avoided during loans and mortgages if the legal verification of the property is completed.
Conclusion
Whenever an individual enters a deal or agreement, they must be aware of every document and clause presented, and the legal verification of a property should be done. This reduces the chances of risk and future disputes. They must consider taking legal advice on such matters as a layman might not be conversant with so many documents and legal regulations.
Call: 9914211006