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Verify A Property Before Purchasing It

It is necessary to maintain a list and organize a process properly. This will help to go ahead with the process of buying a house. A property that is free from all sorts of legal complications is quite a feat to achieve. In the real estate sector, the number of disputes over lands are increasing. To ensure that the process of transfer of ownership is easier for all the parties involved, here is checklist for verification of property you are shortlisting is worth investing or not:<br>Now book your dream home with Goel Ganga Developments At Rs. 1 Lac and NO EMI for 18 months

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Verify A Property Before Purchasing It

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  1. Verify a property before purchasing it To ensure that the process of transfer of ownership is easier for all the parties involved, here is checklist for verification of property  1 2 Check for Legal Title Papers The most important of which is checking if the title is clear or not and regarding this it is advisable to consult a property lawyer. Knowledge of Mortgages on the Property While buying a property (in case of resale), be sure to make a thorough research if the property has been mortgaged or not. Check the Constructed & Sanctioned Areas 3 Before deciding on a property, ask the builder for the sanctioned plan and compare it with the actual built up area. To avoid any complications The Encumbrance Certificate 4 5 It has a multifaceted advantage, it is a proof of free ownership and it also testifies that the property is free of any legal dues orormortgages. Regular Payment of Property Tax It shows a sense of responsibility on the part of the owner and also is an assurance of his having valid documents. https://goelgangadevelopments.com/

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