Essential Things to Check Before Buying Land – Don’t Miss Out!
Before buying land, you should check these 19 things, from original documents to lawsuits. Seeing a land... If you like it, you buy it... - This is not the only process of buying land. After seeing the land and liking it, you must do a few 'checks'. Only then, after buying the land, you can live peacefully without any problems and hassles in the future. 1. Personal details of the seller of the property (name, age, address, Aadhaar number, PAN number) 2. Original title documents 3. Clear transfer of ownership report 4. Updated income records in the name of the current owner or seller 5. Are there any outstanding loans and mortgage deeds or receipts? 6. Are the previous sale approvals and advance payment receipts available? 7. Are there updated property tax receipts - property tax, vacant land tax, water and sewage tax/charges, electricity connection as of the date 8. Updated land certificate for at least 33 years up to that date 9. Legal layout/land approvals prescribed by the...