Buying a property is a significant investment, and it is essential to ensure that you have all the necessary legal documents in place to safeguard your investment. These legal documents establish the rightful owner of the property, and failing to produce them can lead to complications in the future. Shubhashish Homes, a leading real estate developer in Jaipur, provides a comprehensive guide to the seven essential legal documents you must have while buying property.
A sale deed is a crucial legal document that establishes the transfer of ownership from the seller to the buyer. Also, this document includes details such as the purchase price, property description, seller’s and buyer’s names, and their signatures. It is essential to ensure the registration of the sale deed and with the sub-registrar’s office to make it legally valid.
Furthermore, a title deed is a legal document that establishes the ownership of property. It is necessary to obtain a clear title deed to avoid any future disputes regarding the ownership of the property. However, Shubhashish Homes ensures that all their properties have a clear title, and they provide the title deed to the buyer at the time of purchase.
An encumbrance certificate is a legal document that establishes that the property is free from any monetary or legal liabilities. Additionally, it is necessary to obtain an encumbrance certificate for at least the past ten years to ensure that there are no claims on the property. Shubhashish Homes provides the encumbrance certificate for their properties, ensuring that buyers can make an informed decision.
Building Approval Plan
In addition, a building approval plan is a legal document that is issued by the local government authority. Also, it establishes the approval of the building’s construction as per the local regulations. It is essential to obtain the building approval plan to ensure that the building is constructed legally and does not violate any local laws.
Power of Attorney
A power of attorney is a legal document that authorises a person to act on behalf of another person. It is essential to ensure that the power of attorney is valid and registered to ensure that the authorised person can act on behalf of the owner. Shubhashish Homes provides a valid and registered power of attorney for their properties, ensuring that buyers can have peace of mind.
A completion certificate is a legal document that establishes that the construction of the building is complete and complies with all local regulations. It is necessary to obtain the completion certificate to ensure that the building is safe to occupy and has been constructed as per the approved plan. Though, Shubhashish Homes provides the completion certificate for their properties, ensuring that buyers can move in with confidence.
No Objection Certificate
Lastly, a no-objection certificate is a legal document that establishes that the local authorities have no objection to the transfer of ownership of the property. It is essential to obtain the “no objection” certificate to ensure that the transfer of ownership is legal and free from any complications. Shubhashish Homes ensures that all their properties have a valid no-objection certificate, enabling buyers to make a hassle-free purchase.
In conclusion, buying a property is a significant decision, and it is essential to ensure that you have all the necessary legal documents in place. At Shubhashish Homes, we provide all the essential legal documents, making the buying process easy and hassle-free. We believe in transparency and integrity, and we provide legal assistance to our buyers through our tie-ups with top law firms. Our properties offer a range of amenities and facilities, ensuring that our customers have a comfortable and convenient living experience.