Re: Land purchase question
Here are a few things to consider..
Documents to check before buying a plot
There are various documents and certificates that need to be verified before purchasing a plot of land. One also must find out if the land is not agricultural as a non-farmer can not buy such land without permission from the district collector. Find out the below listed documents that must be verified before buying a plot of land.
7/12 Document: This document contains the most basic information including name of the owner, land area and other such information (title deed). This document should be in conjunction with 6/12 document which states how the land has changed hands.
Encumbrance Certificate: This certificate ensures that the land is not involved in any legal dispute. You can ask for a encumbrance certificate that goes back till 30 years to be 100% sure of any past legal disputes.
Release Certificate: The land may have been pledged to take a loan. So, you must ask for release certificate from the bank to ensure that no amount is due. If land is owned by more than one person, ask for a release certificate from each of the person involved.
Tax Receipt and Bills: You must check with the concerned municipality to verify all the taxes and bills have been paid till date and inspect the latest tax paid receipts.
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