Before you buy a property, it is important for you to familiarize yourself with property vetting process; otherwise you may fall victim to forgery. Trusting a broker blind-folded without investigation will be your sheer foolishness. So, when you decide to buy a flat, plot or a house, do not feel tempted to buy it, whatever attractive price the broker or seller may offer you. We at Your Property Doctorensure that the property you are going to buy is free from legal hurdles and its documents are up to the mark.
Ownership deed verificationproves that the property is registered, whether it is gifted or purchased. You can check its authenticity and genuineness from the sub-registrar office. By doing so, you will come to know about the real ownership of the property. Remember that this is one of the most important documents of vetting process.
Bia Deeds are the title deeds of the property of the last owners. Bia deeds for property ownershipestablish a chain of ownership that plays an indispensable role while purchasing a property.
Khatiyan, called as Record of Rights, is a document for identification of land. Khatiyan verification for propertyascertain the possession, ownership, and assess land development tax. It determines the land type, easement right, portion of an owner, mode of pay tax, etc.
Mutation Khatiyan and land transfer is one of the most important documents of property vetting.It is also called “Namjari” and is important for two reasons:
• This document is prepared through a survey. If the property is inherited or transferred in-between two surveys, then it is mandatory that you mutate and replace the current owner’s name with the old owner in the Khatiyan. It is necessary for the payment of land tax.
• You should validate the following document of mutation from the AC land office:
• Mutation Khatiyan
• Duplicate Carbon Rashid
• Mutation proposal letter
Without these documents, the transfer of the ownership to another party is not possible.
Besides these documents, you must check NEC (No Encouragement Certificate), land rent receipt, updated rent receipt, and No Objection Certificate for property.According to the rules and regulations, one must pay an annual rent for each land. If any problems are associated with the property, it is not possible to pay this rent. So, make sure that your property is free from issues and can be vetted properly. Since the process of vetting the authenticity of the property is an arduous task, it is suggested to take advice from a legal expert.
You will be eligible for legal vetting under the following conditions:
• If you run business, companies, startups, firms, NGOs, NPOs
• If you are advocate, judge, or law student
• If you are stuck in a litigation matter
You should hire an advocate who has vast experience in providing legal vetting services. Also, ask their fees before you hire them.
