is it necessarry to have 1B&pass book
to sell a land of 44 cents
As per your query, I've laid down a list of documents down below that one need to have in order to sell his/her house. These documents are as follows:-
1. Letter of Allotment,
2. Sale Deed,
3. Sanctioned Plan,
4. Sale Agreement,
5. Encumbrance Certificate and
6. Society documents.
A brief descripttion of each of the above mentioned documents is given below for your better understanding.
1. Letter of Allotment -
Essentially, the LOA is a primary as well as most important document that one should have before entering into a sale and purchase of an agreement.
A letter of allotment showcases that the legality of allotment of the property to an individual (owner) from a competent society or authority.
2. Sale Deed -
An individual must have a competent and legal sale deed of the property from the previous owners of the property.
In case you have yourself registered the original deed of registeration in registrar's office, then you must provide a copy of the sale deed or conveyance deed in addition with the receipt of registration from the sub-registrar's office where the documents were registered.
3. Sanctioned Plan -
Before selling the property an owner must have a sanction plan which is regarding the approved plan of the building along with the occupation certificate, that was issued by a competent authority.
This document plays a crucial role and is as important as a letter of allotment.
4. Sale Agreement -
One must have a permission to transfer the property that is to be obtained from a competent society or developed-authourity which signifies your ownership over the property.
5. Encumbrance Certificate -
This particular document is very important especially from a potential buyers perspective as it is utilised as an evidence of free title.
A potential homebuyer always ensure that the property he/she intends to purchase contains a clear and marketable title.
6. Society documents -
After all the above mentioned set of documents are cleared both the seller as well as the buyer can confirm the terms and conditions before entering into an agreement to sell.
After this both can start the preparation of the sale deed.
Henceforth, other than these no other document is relevant or requisite to sell a land/property here in India.
Hope It Helps!
Regards,
Kevin M. Paul
