If you intend to purchase a plot in Nagpur, there are a few crucial documents you should review before you buy. These documents will help you make sure the plot is free of legal issues and that you are getting a good deal. The following are the top 5 documents to look for when buying a plot:
The most crucial document to examine is the title deed. It demonstrates the seller’s legal ownership of the land and their authority to sell it. Verify that the seller is listed on the title deed and that there are no liens or mortgages placed on it. When it comes to hassle-free buying, clear title properties are what we always deal in at Harode Infrastructure.
A certificate of encumbrance indicates whether the plot is subject to any outstanding debts or other liabilities. Verifying this is crucial since you might not be able to obtain a mortgage on the plot if there are any encumbrances. The registrar’s office is where you can get this certificate. There are two kinds of this legal certificate: Form-15: When land has any legal liability at the time of application, then a Form-15 certificate is given. Form-16: A nil encumbrance certificate is issued if the land or property is free from legal liability.
It is necessary to confirm that the plot is non-agricultural (NA) if you intend to build a house on it. A document proving the plot’s conversion from agricultural to non-agricultural use is called a NA order.
The vendor has been paying the property tax on the parcel, according to property tax invoices. This is crucial because you can be responsible for any overdue property taxes if the seller has not been paying them.
A mutation certificate is a document that shows that the ownership of the plot has been transferred from the seller to you. Having this paperwork demonstrates that you are the plot’s legitimate owner, which makes it crucial.
You should examine the plot’s physical state in addition to these documents. Verify that there are no encroachments on the property and that it has access to electricity, water, and roads. You should also check the zoning regulations for the area to make sure that you are allowed to build a house on the plot.
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