Property Due Diligence
Property Due Diligence
Every person at the time of buying or investing their money in the property, should scrutinise the documents in order to have a clear title in the property. A title refers to ownership of the property, this can be verified by scrutinising the documents and deeds which gives clear details about who has the legal ownership in the property, and whether the person selling the property is the rightful owner and has the capacity to sell the property under law.
By evaluating property due diligence, it is necessary to see the sequence chain in the title and verifying the revenue records and other documents such as encumbrance certificate for the past 30 years.
Title Verification of the property through an Advocate is essential before investing in any immovable property.
Documents necessary for title Verification:
- Mother Deed
- Current Ownership Document (Sale Deed/Partition Deed/ Gift Deed through which it was acquired)
- Revenue Records
- Encumbrance Certification upto Date,
- Latest Tax Receipt
- Building Plan Approval / Layout permission
Any other related documents depending on the nature of the property the document will be perused.
Our Service:
We provide Legal Opinion related to all types of property through our property experts in writing and draft documents and deeds relating to company, partnership Firm and Property including registrations.
