Buying a property is a major financial decision. Before paying or signing an agreement, buyers should verify the property's legal status to avoid ownership disputes, fraud and future complications.
- Verify Property Title
Confirm that the seller legally owns the property and has the right to sell it. Check relevant title and previous ownership documents.
- Check the Sale Deed
Review the sale deed carefully. Property details, seller information, price and transaction terms should be accurate.
- Verify RERA Registration
For projects covered under RERA, check the registration number and project details on the relevant state or UT RERA portal.
- Check Encumbrances
Verify whether the property has registered loans, mortgages, claims or other liabilities. Review applicable encumbrance records.
- Check Building Approvals
Ensure the construction has required approvals and a sanctioned building plan from the relevant authority.
- Verify OC and CC
For completed properties, check the applicable Occupancy Certificate (OC) and/or Completion Certificate (CC).
- Check Property Tax
Verify that applicable property taxes and municipal dues are paid. Ask for the latest available receipts.
- Verify the Seller
Match the seller's identity with ownership documents. Carefully verify any Power of Attorney used in the transaction.
- Review the Agreement
Check the total price, payment schedule, possession date, cancellation terms, penalties and other important conditions.
- Complete Registration
Ensure the final transaction is properly stamped and registered according to applicable laws.
GenVilla Tip: Never choose a property based only on price and location. Verify important documents and consider professional legal review before making a major payment.
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