![]() ![]() ![]() Documents, for a period of 30 years, if not more (and where documents are not available, for minimum period of 12 years), must be examined and the seller may be called upon to provide the following documents / information: As a first step, the buyer should undertake due diligence, to ascertain the existence of the title with the seller, the nature of the title and its marketability and the ability of the seller to convey clear and marketable title, free from encumbrance. It is a settled legal principle that a person cannot convey a better title, than what he himself has. What document proves property ownership?.Is hiring a lawyer necessary for property verification?.What documents confirm seller's identity?.What documents should property buyers check?.What are the features of a sale deed that must be checked while buying a property?.Importance of sale deed while buying a property.Importance of Khata Certificate and Extract while buying a property. ![]() Importance of checking electricity bills while buying a property.Documents to check before buying a resale flat.Do banks do due diligence on the buyer’s behalf?.Risks of proceeding with a property purchase without due diligence.Things to check before finalising a property deal.Rental and re-sale value of the property.Check the construction quality of the property.Documents required in case of loan outstanding Compliance under the Real Estate (Regulation and Development) Act, 2016 (RERA) Physical survey and access to the property ![]()
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