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Property Buying Tips In Telugu - 10 Legal Documents To Check Before Buying Property | Kowshik Maridi
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When buying property, it is essential to review several legal documents to ensure a smooth and secure transaction. Here are some key documents to consider:
Title Deed: Verifies the ownership and history of the property.
Sale Agreement: Outlines the terms and conditions of the property sale.
Property Registration: Confirms that the property is legally registered.
Encumbrance Certificate: Ensures that the property is free from any legal or financial liabilities.
Building Approval and Completion Certificate: Validates that the construction of the property is legally authorized and completed as per regulations.
Occupancy Certificate: Certifies that the property is suitable for occupation and complies with building codes.
Property Tax Receipts: Verify that the property owner has paid all applicable taxes.
Non-Encumbrance Certificate: Confirms that there are no pending legal disputes or claims against the property.
Power of Attorney: If applicable, ensures that the property owner has legally authorized someone to act on their behalf.
No Objection Certificate (NOC): Obtained from relevant authorities, it confirms that there are no objections or restrictions on the property.
It is crucial to consult with a qualified legal professional or real estate expert to thoroughly examine these documents and ensure a secure property purchase.
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