Property Verification, Title Search and due diligence conducted by a local experienced advocate
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What is Property Verification
Buying a property can be an overwhelming experience, both financially and emotionally. Hence, it is absolutely necessary to ensure that all the legal intricacies are absolutely unambiguous so that there is no legal hassle in the future. The intricacies to be kept in check are: Legal due diligence on the property by the buyer & an inquiry into the seller’s capacity to pay; Agreement to sell and earnest money; execution of sale deed; possession, Registration and completion of payment.
Documents required for Property Verification
- Conveyance Deed
- Sale Deed
- Agreement To Sell
- GPA/Power Of Attorney
- Will (if any)
- Relinquishment Deed
- Partition Deed
- Freehold/Mutation Details etc.
BENEFITS OF PROPERTY VERIFICATION
- Assurance that property involved in transaction is free from litigations
- Easier to take loans against property after verification
- Assurance that seller has right to sell the property
- Avoiding a transaction if fake or forged documents are presented
- The seller might try to sell the same property multiple times and fraud people which can be avoided through property verification online
a) Generating Title Search Report of the last 13 years & Certified Copy from the Registrar / sub registrar office.
b) Verification of previous ownership documents for checking the title and rights of the seller.
c) Verification of Sales Deed for checking the title and rights of the seller.
d) Verification of Agreement to sell for checking the title and rights of the seller.
e) Verification of Conveyance deed and Will for checking the title and rights of the seller.
f) Verification of Perpetual lease deed for checking the title and rights of the seller.
g) Verify and check that the documents have been registered and appropriate stamp duty has been paid.
You will receive Title Search report for the past 13 years as part of this package.
Legalstartup provides the best solutions for property verification online.You can follow the steps mentioned above for online property verification online.
The documents required depends upon the type of business you are running as. Following below documents required for GST Registration: –
Passport Size Photograph
Aadhar card or Passport or Driving License
Pan card of business entity
Address proof of business premises
Bank Statement or Cancel cheque or Passbook
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