7 Documents To Check & Verify Before Buying a Property In Bangalore

When buying a property in Bangalore, checking and verifying all the necessary documents is essential.

Below is the list of documents you should ask for:

1. Sale Deed

The Sale Deed is a crucial legal document that proves the sale and transfer of property ownership from the seller to the buyer. It is the final document executed after all terms and conditions between the buyer and seller are agreed upon.

Here’s what you need to know about it:

• Purpose: The Sale Deed serves as conclusive evidence of the sale and is necessary for the buyer to gain full ownership of the property.
• Details Included: This document includes detailed information about the property, such as the description, location, and boundaries. It also contains the terms and conditions of the sale, the sale price, and any payment details.
• Signatures and Witnesses: The buyer and the seller must sign the Sale Deed, and at least two people should witness it.
• Registration: The sale Deed must be registered at the sub-registrar’s office. This process involves paying a registration fee and stamp duty, a percentage of the property’s sale price.
• Verification: Before signing, ensure the Sale Deed is clear of any encumbrances, liens, or legal disputes. It’s advisable to have a legal expert review the document to confirm its authenticity and completeness.

The Sale Deed is an important document in the property-buying process. It ensures the buyer’s legal rights to the property and provides protection against future disputes.

2. Khata Certificate and Extract

A Khata Certificate and Extract are crucial documents issued by the Bruhat Bengaluru Mahanagara Palike (BBMP) to identify property ownership and assess property taxes. They serve as the legal identity of your property in Bangalore.

Khata Certificate

This certificate confirms the ownership of a property. It is essential to register a new property or transfer ownership of a resale property. It’s mandatory to use various amenities like water, electricity, a trade license, a building license, etc.

Khata Extract

This document provides detailed information about the property, including its size, location, built-up area, purpose of utilization, annual value, and property tax dues. It’s used to assess property taxes and helps understand the tax liabilities associated with the property.

• What to Check: Verify the property has an A Khata certificate, indicating it is a legal property.
• How to Verify: Check with the local municipal office to ensure the Khata is genuine and up-to-date.

Also Read: Real Estate Projects In East Bangalore For Property Investment

3. Encumbrance Certificate

An Encumbrance Certificate (EC) is another important document in real estate transactions. It certifies whether a property is free from legal or financial claims, such as mortgages, loans, or legal disputes.

This assurance is essential for both buyers and lenders to ensure a smooth and secure property transaction.

• What to Check: Make sure the property has no legal dues or loans.
• How to Verify: Obtain the encumbrance certificate from the sub-registrar’s office. It should show no encumbrances.

4. Occupancy Certificate

5. Approved Building Plan

If you are buying a property in Bangalore, one of the most crucial documents to check is the Approved Building Plan.

This document, issued by the Bruhat Bengaluru Mahanagara Palike (BBMP), certifies that the building’s construction adheres to the city’s building bylaws and regulations.

• What to Check: Ensure the building plan is approved by the local authorities.
• No Unauthorized Additions: Verify that there are no unauthorized additions or alterations to the building.
• How to Verify: Check with the municipal corporation to verify the approval of the building plan.

6. No Objection Certificates (NOCs)

Many people ignore the importance of No Objection Certificates (NOCs), often overlooking them during critical transactions. However, NOCs are essential legal documents that can significantly impact various aspects of your life, from property transactions to vehicle ownership.

NOCs are official documents issued by various government agencies, certifying that a property complies with all necessary regulations and doesn’t have any legal or financial encumbrances.

• What to Check: Collect all NOCs from various departments like fire, water, and electricity.
• How to Verify: Each department can provide these certificates, confirming there are no objections.

7. Property Tax Receipts

Property tax is a levy imposed on property owners by local government authorities. This applies to all properties, regardless of their age, including newly constructed ones. Once a property is registered and assessed, it becomes liable for property tax.

• What to Check: Confirm that property taxes have been paid up to date.
• How to Verify: Review the latest property tax receipts and check with the local municipal office to ensure there are no pending dues.

Additional Tips For People Looking Forward To Buy Property In Bangalore

If you are new to the above terminologies and documents, you should follow some additional steps, including:

• Hire a Lawyer: It is wise to hire a property lawyer to help you verify all documents. They can spot any issues you might miss.
• Visit the Property: Personally visit the property and the local offices to cross-check all the information.
• Keep Copies: Make copies of all documents and keep them safe for future reference.

By following these steps and ensuring all documents are verified, you can confidently buy your property in Bangalore. This will protect your investment and ensure a smooth purchase process.

Also read this article: Best Upcoming New Real Estate Projects in Bangalore

Conclusion