Buying a plot of land is a significant financial and legal transaction. To ensure that you make an informed decision and protect your interests, it’s crucial to thoroughly check several documents before finalizing the purchase.
Here is a list of Documents to Check Before Buying a Plot :
Title Deed (Sale Deed):
Request a copy of the current owner’s title deed, which establishes their ownership of the property. Ensure that the seller has legal ownership rights and the authority to sell the land.
Obtain an encumbrance certificate from the local sub-registrar’s office. It will show any legal claims, mortgages, or other liabilities on the property. Ensure there are no encumbrances on the land.
Land Use and Zoning:
Check with the local planning or municipal authority to verify the land’s zoning and land use regulations. Ensure the plot is designated for the purpose you intend (residential, commercial, agricultural, etc.).
Survey Sketch and Land Map:
Request a survey sketch and land map of the plot, which outlines its boundaries and dimensions. Verify if the land’s measurements match those mentioned in the title deed.
Property Tax Receipts:
Examine property tax receipts to confirm that the current owner has paid all property taxes up to date. Unpaid taxes could lead to legal issues for the new owner.
Ensure that the seller has legal possession of the land and has the right to sell it. A possession certificate is often issued by the local revenue authority.
No Objection Certificates (NOCs):
Obtain NOCs from relevant authorities, such as the municipal corporation, environmental agencies, and local development authorities, to confirm that there are no legal restrictions or pending approvals for the property.
Mutation Register Extract:
Check the mutation register to verify that the seller’s name is recorded as the landowner. This document helps establish the continuity of ownership.
In case the land was previously mortgaged, ensure that the mortgage has been fully released, and a release certificate has been obtained from the lending institution.
Review the sale agreement carefully. It should contain all terms and conditions of the sale, including the sale price, payment schedule, and possession date. Seek legal advice before signing it.
Investigate the land’s history, including any disputes, litigations, or boundary disputes. Speak to neighbors and local residents for insights.
Environmental Clearance (if applicable):
If your plot is in an ecologically sensitive area, ensure it has received the necessary environmental clearances and complies with environmental regulations.
Landowner’s Identity Proof:
Verify the seller’s identity through government-issued photo identification, such as a passport or driver’s license.
It’s essential to consult with a qualified real estate attorney or legal expert to assist you in reviewing these documents and conducting due diligence. They can provide guidance and help you navigate any potential legal issues that may arise during the purchase process.
Additionally, ensure that the plot’s physical condition and boundaries match the documents and survey sketches before finalizing the purchase.