Tuesday, February 9, 2016

DOCUMENTS NEEDED FOR PURCHASING APARTMENTS

DOCUMENTS NEEDED FOR PURCHASING APARTMENTS


  1. Need Mother Deed to trace the origin of property, including all the other relevant Conveyance Deeds to trace the flow of title. Normally, a title documents for a minimum period of 30 years is required. In certain cases, the title deeds for a longer period may be required;
  2. Betterment charges paid receipt wherever applicable;
  3. Khatha Certificate and Khatha extract from Concerned Authority (OR) computerised Khatha Certificate and Khatha extract from BBMP are required;
  4. Sanction building plan from the Competent Authority;
  5. Latest tax paid receipt;
  6. Encumbrance Certificate for the relevant period (upto date) for the period of 30 years preferable;
  7. Endorsement issued by Assistant Commissioner confirming that no case is pending under provision of PTCL Act;
  8. Conversion order, zonal regulation map, RTC from 1967 to till date, mutation records, Index of Land (I.L.) and Record of Rights (R.R) records, Nil tenancy Certificate, Nil acquisition Certificate from the competent authority, endorsement from the Tahsildar/Assistant Commissioner confirming that there are no pending cases under Sec.79A and 79B of Karnataka Land Reforms Act, Village Map, Survey Map, Tippany, Akhar Band, Atlas;
  9. Approved Layout Plan and the sketch indicating the particular site on the survey map;
  10. In case of high rise building, permission obtained from Airport authority of India, BWSSB, BESCOM, BSNL, Fire Force and Pollution Control Board;
  11. Commencement and occupancy Certificate if Apartment is complete.
In addition to the above documents, if the properties is held by a Company/Partnership firm or trust, the following documents also are required for scrutiny:
  1. a) Company: Memorandum of Association and Articles of Association of the company, Certificate of incorporation, Resolution passed in the Board meeting of the company for purchase/sale of property;
  2. b) Partnership firm: Partnership Deed, Authorisation letter of the partners authorising certain Partner/s for purchase/sale of property and Acknowledgment of firm (if firm is registered);
  3. c) Trust: Registered Trust Deed and resolution passed thereby authorising the member/s for sale or purchase of the property held by the Trust.
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