Property document verification.

Here is the list of documents required:

• Absolute sale deed in present seller’s name
• Khata certificate & extract from BBMP
• Latest tax paid receipt
• If any loan outstanding on the property, latest statement from bank
• Encumbrance Certificate from date of purchase till date
• Agreement of sale & construction executed by developer in favour of seller
• Latest electricity bill & receipt for the said flat
• NOC from Apartment Association
• Sanctioned building plan
• Possession/occupancy certificate from builder
• All title documents of land owner
• Joint development agreement, GPA, & Sharing/supplementary Agreement, between land owner and builder
• Whether originals are available for inspection if no loan is taken?
• A Copy of all registered previous agreements (in case of re-sale property)
• RTC (Records of Rights and Tenancy Corps) or 7/12 extract
• Conversion Order issued by the concerned Authority
• Registered development agreement (If in case of Joint Development Property)
• Power of attorney/s if any
• Photocopy of Society share certificate & Society registration certificate.

Hi Sir (Ramacharya),

   I have already attached all the documents. Open the attached zip file.

   It has most of the docs that you have listed.

   Most of the documents are in kannada and hence difficult for common man to understand and segregate which is conversion and which is sanction plan etc.

  Based on the set of docs attached can you tell if this is too risky or not?

Thanks

Gopal

A. Can you confirm whether this project approved from the BBMP or not? Tax payment must be paid in the name of flat owner not land owners.

B. Is there any Completion Certificate in this project?

C. Approved building plan must be verified..

D. Title Flow should be prepare from the origin of the property.

E. Minimum 60 year EC should be verified AND 

F. Other property related documents must be verified. 

Regards,

B.T.Ravi

Senior Legal Officer, Bangalore, 9845638531

Hi, I'm buying a Flat from a builder & on Sale Dead I have one Clause.

"The Vendee Agrees that in case of any disputes with respect to the schedule property, vendee shall not aproach consumer courts/civil/criminal court without first approching the customer care department of the vendor to solve any issues and failing which the vendee shall aproach arbitrator under the provision of Arbitration Conciliation Act 1996".

That does this mean?

Is it safe to have this in sale dead?

Dear Sir (Ravi),

   Yes this property is approved by BBPM.

   Only problem I am seeing is with the tax receipt. It does not bear actual flat owner's (seller) name.

   This was done because till recently the Katha transfer was not done to the actual flat owner.

    May be now since Katha is now in actual flat owner's name hence it can be rectified in tax receipt as well. Is it possible?

   The new KATHA document bears actual flat owner's name but not his flat number. Is this Katha still ok?

   Please see the attached docs for reference.

Thanks

Gopal