Description
People spend their entire life savings in purchasing property, which is why it is vital to have property documents validated and reviewed before buying property and to protect themselves from the possibility of theft, faulty title and false documents.Our team of seasoned advocates across 400 + cities in India offers first-rate qualified legal services and advice for your property verification process.
What's Inclusive
(a) Generating Title Search Report of the last 13 years & Certified Copy of the Registrar / Sub Registrar Office.
(b) Verification of prior ownership records for the authentication of the title and rights of the seller.
(c) Authentication of Sales Deed for proof of the title and rights of the seller.
d) the authentication of the deal to be sold for the authentication of the title and rights of the seller.
(e) Checking of the Conveyance Deed and the Will to verify the title and rights of the seller.
(f) Verification of the Perpetual Lease Act for the verification of the title and rights of the seller.
g) Verify and verify that the records have been registered and that the correct stamp duty has been paid.
What isn't included
(a) A search record for title for more than 13 years.
b) The final list of deliverables can differ depending on the type of documents available and the type of property.
(c) verification of other types of property, such as large plots of land, agricultural land, large commercial buildings and complexes, etc.
You may Also Want To Know
a) In what circumstances do the property records have to be verified?
Records must be checked before you enter into a contract involving property such as:
(a) before you, as a borrower, take a home loan;
(b) when you foreclose your property for a loan against land;
(c) when you take a land for a long term lease for commercial purposes; etc.
b) Which records should be verified?
The following documents should be verified:
(a) Conveyance Deed
(b) Sale Deed
(c) Selling Agreement
(d) GPA / Power of Attorney
(e) Will
(f) Relinquishment Deed
(g) Partition Deed
(h) Freehold / Mutation Details, etc.
c) Is it worth checking / verifying documents?
For property priced at lakhs and crores, spending a few thousand on verification is a good decision as it will ensure that you invest such a large amount of money in the right property. Compared to fees paid by real estate brokers, the costs involved in the verification of title are almost insignificant.