Main Documents Required to Sell a property
When selling a property, there are several key documents that are typically required in order to complete the sale. These may vary depending on the laws of the specific country or state where the property is located. Here are some of the main documents that are typically required when selling a property:
1. Title Deed or Deed of Sale: This document proves the legal ownership of the property, and is typically required to transfer ownership from the seller to the buyer.
2. Property Tax Receipt: This document proves that the property taxes have been paid up to date and is usually issued by the local government.
3. NOC from society: In case of society properties, NOC (No Objection Certificates) is obtained from the society
4. Building Plan and Sanction plan: This document proves that the property has been constructed as per the building plans which has been approved by the local authorities.
5. Encumbrance Certificate: This certificate is issued by the local government and shows that there are no outstanding loans, mortgages, or other liens on the property that could affect its ownership or sale.
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6. Occupancy certificate: An occupancy certificate is a document issued by the local government certifying that the property is fit for living and is issued after all the rules and regulations regarding the construction of the building are followed.
7. Sale agreement: It is legal document signed by both the parties which states the terms and conditions for the sale of property.
8. Power of attorney: In cases where the seller is unable to complete the sale due to absence or incapacity, a power of attorney may be required to authorize another individual to act on the seller's behalf
It is always important to check with the local government and a legal advisor in your area to know the specific requirements, regulations and laws before selling your property.