Checklist for purchasing immovable property

Checklist For Purchasing Immovable Property

Purchasing a property or owning a house is an important thing in one’s life. However, one needs to be careful while buying a property to avoid falling into legal hassles. Before buying a property a number of checks need to be done to confirm that the land has a clear and marketable title. The legal status of the property is one of the first issues that should be addressed. The documents required for scrutiny of the title will vary in each case.

A handy and simple property purchase checklist one should consider before taking decisions on buying property in and around Bangalore.

Documents checklist for purchasing agricultural land (from Karnataka/Bangalore standpoint)

Mother/Parental Deed

Origin of the Property

Flow of the Property

Sale deed

Grant Certificate

Family trees

Index of Land

Mutations

Record of Rights

Survey map

Village map

Agarband, Tippani

Demand and Tax paid receipts

Khatha

Encumbrance certificate

Present possession

Endorsement from competent authorities.

source:http://checklistpurchasingproperty.blogspot.in/