Documents required for buying an apartment

Q: What documents are required before buying an apartment?

Priyaranjan Bhatt, Bangalore

14th March 2013

Legal in Bangalore

buying an apartment

properties in bangalore

documents required before buying an apartment

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Replies (8)

Before purchasing a property for residential purpose, you should ask for sale deed, Khata certificate, encumbrance certificate, approved plan, sanctioned plan, occupancy certificate and NOCs

Rajiv,

27th August 2013

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The following documents are required to be registered compulsorily under the Indian Registration Act, 1908:(a) Every time the immovable property is sold/purchased, the agreement needs to be registered. (b)Instrument of gift of immovable property.

Saran,

19th March 2013

Comment

Hi can you please answer my query.Which documents must be compulsory registered?

Javed,

19th March 2013

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Yes. The formalities and forms may vary from State to State depending on where the property is situated. Every State has its set forms under the Registration Rules that are required to be filled and filed along with and at the time of Registration of Sale Deed/Transfer Deed.Under the provisions of the Income Tax Act and Rules for a transaction of sale, it is now compulsory for the Purchaser and Seller to give their Permanent Account Number and in the event of either the Seller and/ or the Purchaser would be required to fill Form 60 of the Income-Tax Rules.In case of either the Purchaser or the Seller being a Non-Resident Indian, not assessed to tax in India, such a Party would be required to file Form 60 of the Income-Tax Rules.

Dharmesh Shukla, Bangalore

18th March 2013

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Are there any formalities to be completed or forms to be filled on execution of the agreement or document of transfer?

Roshan Singh, Bangalore

18th March 2013

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If you want to purchase a property, you have to look at the approved layout plan, approved building plan, ownership documents, carryout search, etc. Contact an advocate before you purchase a property so that he can advise you.Before you purchase a flat, you have to have a title and document search conducted by a competent advocate. You cannot do it yourself. You have to use the services of a competent advocate. It is a professional job to be done with professional assistance

Manohar,

15th March 2013

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What are all the important documents one should check before buying any property?

Priyaranjan Bhatt, Bangalore

15th March 2013

Comment

Before you purchase a flat, you have to have a title and document search conducted by a competent advocate. You cannot do it yourself. You have to use the services of a competent advocate. It is a professional job to be done with professional assistance.

Ravindra Singh,

15th March 2013

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