Introduction
While looking for a home to buy you must verify that the property is free of any legal disputes before making an investment decision. The number of property disputes has increased along with the real estate market’s numerous improvements. If you are a first-time home buyer or seller, you may have a lot of important questions on your mind, such as “How to check property is legal or not online?” “Can I do my property documents verification online?” “How to do legal verification of property?” and many other similar inquiries.
This in-depth Legal Verification of Property verification guide by Propex will explain how to proceed with the property verification process. This will cover all the information you need to know, such as what documents are required for property verification, crucial steps to follow when verifying a property, how and when to verify a property online, etc. Let’s check it out.
Also Read: What is Title deed Property
Importance of legal verification of property
Property ownership verification is an important part of the process of property acquisition. Here are some of the significance of legal verification of property
- Legal Risk Prevention: Making real estate transactions without the required legal confirmation can result in a nightmare of legal issues. Unresolved land disputes, murky titles, or undetected encumbrances can lead to pricey court fights that jeopardize your ownership rights and affect your finances.
- Assuring Ownership: Ownership is at the core of every real estate transaction. The authenticity of the property’s title and the rights attached to it is confirmed through legal verification. This precaution protects customers from mistakenly purchasing a property whose ownership is in question and spares them the misery of losing their investment.
- Identifying Encumbrances: Properties frequently have encumbrances, such as mortgages, liens, or legal restrictions. These encumbrances may interfere with your intentions for the property and result in liabilities. Such encumbrances are uncovered by legal verification, which enables you to make wise selections.
- Financial stability: Buying real estate requires large financial investments. You can invest with confidence knowing that your investment is safe and free of potential liabilities through legal verification.
- Facilitating Mortgages and Loans: Before approving a loan, financial institutions, and lenders look for clear property titles and legal clearance. Legal verification done correctly speeds up the procedure and ensures that you have easy access to funding choices.
Documents to examine
Let’s begin by comprehending the importance of verifying property documents in evaluating a property’s legal status, the list of documents needed for legal verification of property, and its authenticity.
The following list of documents is what you will require to confirm the property:
- Mother Deed (Title Deed/Sale Deed)
- Mutation Certificate
- Encumbrance Certificate
- Property Tax Receipts
- Conversion Certificate (NA Order)
- Approval from Local Authority (Commencement Certificate)
- Building Approval Plan
- Occupancy Certificate (Completion Certificate)
- No Objection Certificate (NOC)
- Power of Attorney (if applicable, especially if the landlord is NRI)
- Joint Development Agreement
Steps to follow for property document verification online
With the advancements of digital technologies online property document verification is now easier to complete and more accessible. In India, you can now check property records online without hiring a lawyer, while legal counsel can be very helpful in identifying inconsistencies or potential problems. To learn how to check if a property is legal or not online and to verify property records, follow these steps:
Step 1: Visit the Government Portal of your state
The first thing to do is to go to the website of the relevant state government agency. You can find the online platform that applies to your location because different states have different online platforms. For instance, the MeeBhoomi portal for Andhra Pradesh, the Bhoomi Online portal for Karnataka, and the e-Dharti Geo Portal for Delhi.
Step 2: Search Records of Property.
Go to the section of the website where you can see property records. Usually, you’ll have to fill in some specifics about the property, including the district, zone or circle, village, or property ID.
Step 3. See Property Details
After providing the necessary information, you may access the property’s details. This includes details such as the address of the property, its square footage, its market worth, and any liens or other encumbrances the property may have.
Step 4: Verify Property Ownership
Make sure the seller’s name corresponds to the website’s listing of the property owner. This demonstrates that the seller is the rightful owner of the property.
Step 5: Verify for Encumbrances
Make sure the property is unencumbered by any liens or mortgages, for example. The buying procedure could be made more difficult if the property has liens on it.
Step 6: Save and Download
Download a copy of the property records for your records if the website permits. This can come in handy later on when making the transaction and ensuring a comprehensive legal verification of property.
When should we do a property verification?
Following are some of the instances where property documents verification is compulsory which ensures a smooth and secure deal:
- Check the Documents Before Buying a Property –This is the most typical situation when property verification is required. Make sure that the seller is the legal owner, the property is unencumbered, and the transaction complies with all applicable laws before making a purchase.
- Check Property Records Before Applying for a Home Loan: Before accepting a home loan, banks and other financial organizations frequently verify the property to make sure it is legally solid and to protect its investment.
- Before renting or leasing a property, confirm the ownership of the property: Verifying all property records before renting or leasing a property will assist confirm the owner which will help you stay out of trouble with the law.
- Verify the Property Papers if You Are Receiving an Inheritance: It’s a good idea to check the paperwork if you’ve inherited property to make sure you’re the rightful owner and that there aren’t any outstanding legal issues.
what is legal and technical verification of property?
Legal and technical verifications are essential processes carried out when evaluating a property for purchase. These verifications help ensure that the property is legally sound and technically viable. Let’s break down the key aspects of each:
| Legal Verification | Technical Verification |
|---|---|
| Title Deed Examination | Site Inspection |
| Objective: Ensure legal ownership. | Objective: Examine property surroundings. |
| Process: Verify title deed, encumbrances. | Process: Conduct on-site inspection. |
| Land Use and Zoning Compliance | Land Measurement and Boundaries |
| Objective: Confirm zoning compliance. | Objective: Confirm accurate measurement. |
| Process: Check local zoning regulations. | Process: Hire a surveyor to measure land. |
| Encumbrance Certificate | Structural Integrity |
| Objective: Confirm property freedom. | Objective: Ensure building integrity. |
| Process: Obtain encumbrance certificate. | Process: Conduct structural inspection. |
| Outstanding Loans and Dues | Water and Sewage Systems |
| Objective: Ensure no unpaid dues. | Objective: Confirm water and sewage systems. |
| Process: Check for outstanding loans. | Process: Verify pipes, sources, and drainage. |
| Approvals and Permissions Verification | Electrical and Plumbing Systems |
| Objective: Confirm necessary approvals. | Objective: Ensure safety and functionality. |
| Process: Verify building plans, etc. | Process: Inspect wiring, plumbing fixtures. |
| Mutation Record Verification | Environmental Impact |
| Objective: Confirm updated records. | Objective: Assess property’s environmental impact. |
| Process: Check municipal records. | Process: Evaluate potential environmental concerns. |
| Power of Attorney Verification | Possession and Occupation Certificate |
| Objective: Verify legality of POA. | Objective: Confirm possession and occupation certificates. |
| Process: Examine POA document. | Process: Check for certificates issued by local authorities. |
Both legal and technical verifications are crucial steps in the property buying process. They help buyers make informed decisions, ensuring that the property is both legally secure and technically sound. Engaging professionals such as legal advisors, surveyors, and inspectors is recommended to carry out thorough verifications
Conclusion
Legal verification of property is a necessary step to protect your investment and guarantee a smooth, legal transaction, even if it may seem intimidating. The procedure of property papers has been substantially more accessible and manageable, even without legal support, thanks to the alternatives for online document verification!
Don’t leave your investment to chance – verify your property online today and embark on your real estate journey with confidence!
