Buying property is not always synonymous with celebration. After the euphoria of buying a flat/apartment/plotted lands subsides down, one must see how Indian courts are choked with disputes regarding property. This not only applies to residential property buyers but also commercial properties as well as lands. There’s a simple yet efficient solution to prevent property disputes called “property verification“.

Here’s why property verification is extremely important before buying any property –

Many-a-times you may find that a buyer purchased property only to learn later that the land he bought was already mortgaged to some bank or there is some discrepancy in the title deed. Imagine investing money into your dream property only to spend sleepless nights thinking if you will ever get your money back. Property verification helps you avoid all such problems.

What Does Property Verification Include?

? Title deed verification – Verifying whether the seller is the rightful owner of the property.

? Encumbrance certificate check – To verify that there are no loans taken on the property and there are no legal cases against the property.

? Checking approvals from regulators like BMC/Brihanmumbai/GDA/MCD corporation/municipal corporation etc. – Building should have the necessary approval from respective authorities.

? Tax receipt check – Checking if there are any pending taxes dues on the property.

? Checking the physical property – Checking if the property is as described on paper.

Property is an asset that shelters you and your loved ones. It is important because people live in it and conduct their businesses from there. Property verification ensures that the property you buy is free from legal disputes/title issues in future so that you don’t have to face any legal battles.

Aspiring house buyers or property investors in India purchased a plot of land back in 2017 from the developer. The buyer enjoyed his hard earned money and was about to celebrate Holi with his family when he received a legal notice from bank stating that the plot of land was under mortgage from builder to the bank.

! Want to avoid situations like mentioned above? Talk to our property expert Advocate B.K. at +91-935-521-5699 or visit Legal365.co.in to know more.

The property was under legal dispute as the builder had mortgaged the same property to the bank. Even though Advocate B.K. from Legal365.co.in could only assist the buyer after few years of legal battle, he could have avoided all this headache if he had done property verification before buying the property.

This property buyer was none other than Adv. B.K.’s father. Yes, you read that right. His father bought a legal disputed property and spent good 4-5 years before Advocate B.K. could sort it out for him. Had he verified the property title and other necessary documents before buying the property, he would have been saved from this never-ending legal battle.

Don’t shy away from hiring a property lawyer just because you have to buy a property. Legal365.co.in is one of the few platforms that provide specialized legal services for different categories.

Advocate B.K. has helped numerous property buyers from :

• Ownership verification
• Clearing property encumbrances
• Title suit for properties.

The emotional trauma that people undergo after buying the wrong property can be curbed if you verify your property first. Don’t take our words for it. Read real life case stories of people whom we have helped just by verifying their properties.

You can verify the id of the seller by cross checking with government issued id proofs.

Don’t ever believe a seller if he tries to rush you in between the process. Agents and developers are known for misleading the property buyers.

Verify and then invest, don’t invest and then regret.Verifying helps you stay one step ahead of the frauds.

Keep a copy of the verified documents safe as it’ll help you in future for any kind of verification.

Property verification – Verifying before you Invest.

! !! Want to learn more about property verification ? Talk to our expert Advocate B.K. at +91-935-521-5699 or visit Legal365.co.in!