Property Documents: If you are also planning to buy property then this news is for you. Actually, today in our news we are going to tell you which documents are most important for property registration… otherwise you too can get cheated.
Buying a house is everyone’s dream. But a little carelessness while buying property can land you in big trouble. You may have to make rounds from the police station to the court. In such a situation, it is better to check all the important things carefully before buying a house or any other property. Let us tell you what things are mandatory to be kept in mind from finalizing the property deal to registration…
Before buying a property, check these 5 things-
1– The deed of any property is done in two ways. First, we directly meet a deed writer or advocate and tell him about our transaction and get the deed prepared and registered. Second- We get all the work done through a property dealer, in which the work of making the deed is also done by the property dealer. Whatever may be the situation, keep in mind that the deed should be prepared four-five days before registering the property.
Many times the deed writer just changes things like name and address and copy pastes the previous registry and prepares the registry. If any detail is entered incorrectly in the registry, you may face problems in future. It is better to get the deed prepared 4-5 days in advance and check each and every thing.
2– Check the property details in the deed carefully. Check that the title of the property is in the name of the person selling the property to you. Second- The measurement and boundaries mentioned should be correct. If you do not understand anything in the deed, you can take the help of an advocate.
3- The stamp duty to be charged on the deed should also be calculated carefully a few days in advance. Famous advocate Naresh Kudal says in one of his videos that while getting the title deed made, we should always keep in mind that even if the stamp duty is a little high, the documentation should be proper. Many times, people try to save stamp duty by writing wrong facts in the deed but its recovery can also be done. Therefore, it is better to give correct information the first time.
4- The most important thing is that it is very important to check the title of the property you are going to register. For this one should never wait for the registration day. You should ask for a copy of all the title papers of the property from the dealer or seller through whom you are dealing. Those papers should be carefully checked to see whether the title chain is complete or not.
You should also ask the dealer or seller whether he has the original copies of all the documents available or not. If not, then what is its reason and has any missing person been registered with the police? Advocate Kudal says that if you have even the slightest doubt in the papers then contact the advocate.
5- Before registration, check whether the seller actually has possession of the property you are buying or not. Many times such a situation happens that you buy a property and when you go to take possession, you find it occupied by someone else. It would be better if you get the possession letter prepared on stamp paper worth Rs 100. It should be signed by both buyer and seller. It would be better if you make a video while taking possession.
What is necessary on the day of registration?
At the time of property registration, you have to take all the original papers from the seller It would be better if you get a stamp paper of Rs 100 made while handing over the property paper.
It is also very important to check whether there is any kind of loan or any dues of any department on the property you are buying. Like bills like house tax, electricity, water, telephone broadband. At the time of registration, you should also take a copy of their latest bill.
When you register a property, at least 2 witnesses are required. The signatures of these witnesses are also on the document and their biometrics are also recorded in the sub-registrar office. Not many people take the subject of witness seriously. Many times the property dealer or deed writer is made to sign as a witness. If the need ever arises in future, such witnesses will not be of any use to you. Therefore, always keep in mind that as a witness, keep such a person who can testify in the court if needed.
The thing to keep in mind here is that do not make any of your close relatives a witness because if the matter goes to the court, the court considers such a witness as selfish.
