Legal documents you need while buying a house in Zirakpur
Want to buy a property but not sure about the legal documents for the same?
Before buying any kind of property, you need to know about all the legal documents that are important for the smooth process of buying and selling of property.
If you are also thinking of buying any kind of property, then make sure to be aware of all the legal documents that are mandatory for you to see before buying the property.
- Sales Deed
This is one of the most important documents that a buyer asks before buying any property. This is an affidavit which clearly defines that the property is transferred from one person to another in order to prove the sale and purchase of the property.
- POA
The second important document in the sale/purchase of property is POA. It refers to power of attorney. It is for the transfer of possession i.e the property is transferred from one person to another.
- Land use certificate
For buying and selling of property in Zirakpur, the government has made some norms for the easy and reliable sale purchase of the property in Zirakpur. Before buying any property or flats in Zirakpur whether it is residential or commercial, the authorities should make sure the land approved by them as residential use is built for residential purpose only and the land approved by them as commercial use is built for the commercial use only.
- Tax receipt
To make sure that the property is reliable and legal to purchase, contact the dealer of the property to ask about the tax receipts of the property. This will secure you from any sort of illegal practices because of the property.
- Conversion Certificate
The property dealers often buy the agricultural land from the farmers and build it just to use it for the residential purposes like construction of houses, flats, apartments. So, to make this process smooth and legal there is a need for conversion of the agricultural land into non-agricultural land. The legal document used for this process is known as Conversion Certificate that legally allows the person to use that agricultural land for the non-agricultural use.
- EC
EC is known as the Encumbrance certificate. It is yet an important document used for the purchase of the property related to home loans. This also includes the home loan’s security deposits and any sort of extra expenses done on the property.
Above mentioned are some of the legal documents, that you are aware of before buying any kind of residential or commercial property in Zirakpur.