If you intend to sell your property, one should get ready with the specific documentation. Before purchasing the property, the potential buyer will examine the documents first. Before finalizing the sale, the buyer may insist on inspecting the original paperwork. 

You must have the following documents:

Sale Deed

The sale deed one of the main documents used by a seller to transfer his ownership of the property to the buyer. The buyer then takes full ownership of the property. The buyer should confirm the seller’s title before signing the deed.

Mutation Register Extract

It is crucial for you to get mutation of property done in the government records. You must get that once you have registered the property in your name. The transfer of  property is seen by a mutation, which also helps the authorities determine who is responsible for paying taxes. Even though it’s not a legal document, it will be essential if you ever wish to sell your property.

Power Of Attorney (POA)

When selling a property, if the owner lives away from the property, POA is required to be given by the seller to someone trustworthy. The Power of attorney holder should then register the property in buyer’s name.

Copy Of Building Plan

A copy of the approved building plan and the occupation certificate issued by the appropriate government are required.

No-Objection Certificates (NOC)

If the seller has not registered the property, builder’s NOC may be required. If the property has been registered, the society’s NOC may be required.

Allotment Letter

Out of all the documents, one essential document that you need to have is the letter from the appropriate society. It can be a society or authority that grants you the property’s allotment.

Sale Agreement

The sale deed is prepared using a sale agreement as a foundation.  Out of all the documents, a sale agreement clearly outlines the terms and conditions. Under this, the buyer intends to acquire the property and the seller intends to sell the property.

Possession Letter

The seller hands over the letter of possession to the buyer that includes the date of possession. A letter of possession guarantees that the seller transfers its ownership of a property successfully to the buyer. Generally, the builder gives the possession letter. Possession letters in secondary sale are less prevalent.

Property Tax Receipts

Always look for the property tax receipts when purchasing a property that you will sell. This shows that the property has no outstanding debts. Also check that all of its paperwork is in order.

Encumbrance Certificate

The encumbrance certificate serves as proof of free title in transactions related to property. When purchasing any property, it must be ensured that there are no outstanding debts on the property.

Completion Certificate

A completion certificate is a declaration by the appropriate authorities. It shows that the building is complete as per the norms and regulations. A certificate of completion is necessary. This is because it gives the assurance that the property has been built in accordance with the authorized plan.

Occupancy Certificate

Upon project completion, a local government issues an occupancy certificate. This certificate serves as an evidence that the structure is complete and ready for occupancy. In order to live in a property, you must get an occupancy certificate (OC). Without the Occupancy Certificate, residing in a property is against the law.

Khata certificate

The certificate includes details about the property’s size, built-up area, and taxes. It tells us about the owner of the property and his tax liability. The document is absolutely essential for a smooth property transaction, however it is only legal in Bengaluru.

NOTE: The list of documents name may vary from state to state as per process and state rules.

Also Read: Khata transfer in Bangalore

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