The hassles of running around for your legal paper work while buying your property or a new home can be quite a daunting task. This involves running between different government departments that deal with the allotment of land, getting the required sanctions from the concerned municipal authorities, and also getting the various no objection certificates from the concerned authorities. Below is some of the legal work that is a prerequisite to be completed by you before you can buy any property. This is an easy reference to all your legal requirements.

Title Deeds:

This document ensures that the property you are purchasing is in the sole custody of the person from whom you are buying it. This will ensure that no third party will make a claim over the land after you have purchased it. Make sure that this deed is thoroughly scrutinized by a lawyer who will readily spot the inconsistencies in the agreement.

Tax and receipt bills:

Ensure that all tax bills of either the government or of the municipality have been paid off and up to date. There should be no outstanding bills that have not been cleared by the seller. If these bills are not cleared before the purchase, then the onus of paying these bills will lie on you. Also check that the utility bills such as phone and electricity bills have also been cleared.

Encumbrance Certificate:

This certificate pledges that the land has no outstanding legal dues. It clearly mentions that the land is not presently contested in any legal dispute and that there is no order restraining the land from being sold.

Final Agreement:

The final agreement just before the purchase of the property is made should be written on a stamp paper worth Rs.50. This agreement should be scrutinized by the lawyers of both the parties concerned. The agreement should then be signed by both the buyer and the seller and in the presence of two neutral witnesses.
Thus these useful hints will help in ensuring that your legal formalities have no loopholes and this transaction can be a hassle free one.

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