When it comes to buying a land, it’s crucial to thoroughly verify all the necessary documents to check before buying a land. Failing to do so can lead to legal complications, financial losses, and even the loss of your property. In this blog post, we’ll discuss the essential Documents to Check Before Buying a Land.
13 Important Documents to Check Before Buying a Land
1. Title Deed Verification
The title deed is the most important document that establishes the legal ownership of the land. It’s essential to verify the authenticity of the title deed and ensure that the seller has a clear and marketable title. The cost of obtaining a title deed varies depending on the location and size of the land.
For example, in Chennai, the cost of a title deed for a 1000 sq ft plot can range from Rs. 5,000 to Rs. 10,000. To get a title deed, you need to visit the Sub-Registrar’s Office and submit the necessary documents and fees.
2. Sale Deed Verification
The sale deed is a legal document that transfers the ownership of the land from the seller to the buyer. It’s crucial to verify the sale deed to ensure that it’s properly executed and registered. The cost of a sale deed varies depending on the value of the land. For example, in Chennai, the cost of a sale deed for a land worth Rs. 50 lakhs can range from Rs. 2.5 lakhs to Rs. 5 lakhs. To get a sale deed, you need to visit the Sub-Registrar’s Office and submit the necessary documents and fees.
3. Encumbrance Certificate
An encumbrance certificate is a document that shows the history of transactions related to a particular property. It’s essential to check the encumbrance certificate to ensure that the land is free from any legal disputes, loans, or other encumbrances. The cost of an encumbrance certificate varies depending on the location and the period for which the certificate is required.
For example, in Chennai, the cost of an encumbrance certificate for a 10-year period can range from Rs. 500 to Rs. 1,000. To get an encumbrance certificate, you need to visit the Sub-Registrar’s Office and submit the necessary documents and fees.
4. Property Tax Receipts
Property tax receipts are documents that show that the owner of the land has paid the property tax regularly. It’s essential to check the property tax receipts to ensure that the land is not under any tax liabilities. The cost of property tax varies depending on the location and the size of the land.
For example, in Chennai, the property tax for a 1000 sq ft plot can range from Rs. 1,000 to Rs. 5,000 per year. To pay property tax, you need to visit the local municipal office and submit the necessary documents and fees.
5. Land Measurement and Survey
It’s essential to verify the land measurement and survey details to ensure that the actual size of the land matches the size mentioned in the documents. You can hire a licensed surveyor to measure the land and provide a survey report. The cost of a survey varies depending on the size and location of the land.
For example, in Chennai, the cost of a survey for a 1000 sq ft plot can range from Rs. 5,000 to Rs. 10,000.
6. Legal Clearance Certificate
A legal clearance certificate is a document that shows that the land is free from any legal disputes or encumbrances. It’s essential to obtain a legal clearance certificate from a reputable law firm which is one of the important Documents to check before buying a land. The cost of a legal clearance certificate varies depending on the complexity of the case and the law firm.
For example, in Chennai, the cost of a legal clearance certificate can range from Rs. 10,000 to Rs. 50,000.
7. Approval from Local Authorities
It’s essential to ensure that the land has the necessary approvals from the local authorities, such as the Chennai Metropolitan Development Authority (CMDA) or the Directorate of Town and Country Planning (DTCP). These approvals ensure that the land is suitable for the intended use and complies with the local building regulations. The cost of obtaining approvals varies depending on the type of approval and the location of the land.
8. Agreement for Sale
An agreement for sale is a legal document that outlines the terms and conditions of the land purchase. It’s essential to carefully review the agreement for sale to ensure that it includes all the necessary details, such as the purchase price, payment terms, and the date of possession. The cost of an agreement for sale varies depending on the law firm that drafts it.
9. Power of Attorney (if applicable)
If the seller is not present during the land purchase, they may appoint a power of attorney to represent them. It’s essential to verify the power of attorney document is one of the important documents to check before buying a land to ensure that it’s valid and authentic. The cost of a power of attorney varies depending on the law firm that drafts it.
10. No Objection Certificate (NOC)
A No Objection Certificate (NOC) is a document that shows that the land is free from any legal disputes or encumbrances. It’s essential to obtain an NOC from the relevant authorities, such as the Pollution Control Board or the Fire Department, before purchasing the land. The cost of an NOC varies depending on the type of NOC and the location of the land.
11. Zoning and Land Use Permits
It’s essential to ensure that the land has the necessary zoning and land use permits. These permits ensure that the land is suitable for the intended use and complies with the local zoning regulations. The cost of obtaining zoning and land use permits varies depending on the location of the land and the type of permit required.
12. Bank Release Certificate (If Applicable)
If the land is under a loan or mortgage, the seller needs to obtain a bank release certificate to show that the loan has been repaid and the land is free from any financial encumbrances. It’s essential to verify the bank release certificate to ensure that it’s authentic and valid. The cost of a bank release certificate varies depending on the bank and the amount of the loan.
13. Mutation Register Extract
A mutation register extract is a document that shows the history of ownership changes related to a particular property. It’s essential to check the mutation register extract to ensure that the land has a clear and uninterrupted chain of ownership. The cost of a mutation register extract varies depending on the location and the period for which the extract is required.
When it comes to buying a land, it’s crucial to thoroughly verify all the necessary documents to check before buying a land. Srishti Construction, a leading real estate company in Chennai, offers comprehensive Property Management Services in Chennai that include Tenant Property Management and assistance with the registration process.
They have a team of experienced professionals who can guide you through the entire process of verifying land documents and ensuring that all the necessary paperwork is in order. By working with Srishti Construction, you can have peace of mind knowing that your land purchase is secure and hassle-free.
FAQ's:
The title deed is the most important document that establishes the legal ownership of the land. It’s essential to verify the authenticity of the title deed and ensure that the seller has a clear and marketable title.
You can verify the land ownership details by checking the title deed, sale deed, and encumbrance certificate. These documents will provide information about the current and previous owners of the land, as well as any legal disputes or encumbrances related to the property.
If you don’t check the property tax receipts, you may be liable for any unpaid taxes related to the land. This can lead to legal complications and financial losses. It’s essential to ensure that the land is free from any tax liabilities before purchasing it.
It’s essential to verify the land measurement and survey details to ensure that the actual size of the land matches the size mentioned in the documents. This will help you avoid any disputes or legal complications related to the size of the land.
