Verify these documents before buying ready to move in residence
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Owning a house is always a dream for prospective home buyer’s especially first-timers. With lots of hectic activities and the problem of possession involved in under construction houses, people these days prefer ready to move in apartments.

A ready to move in-house refers to a property that is ready for immediate occupancy. The major positive aspect of a ready to move in property is that you exactly get what you have seen unlike under construction property. There is no chance of getting duped at any point of time. Also, those who are paying high rent prefer a ready to move in apartment in order to get an immediate relief.

But before buying such apartments, it’s important that a buyer must verify all the important documents which include the title of ownership and government approvals. So let’s take look at the important document which one needs:

Sale Deed

A sale deed is one of the most important documents by which a seller transfers his right on the property to the buyer, who acquires it for absolute ownership of the property. So it is always advisable that a buyer must read all the terms and conditions before signing this deed.

Building plan

Another important document which a buyer needs to verify beforehand is the building plan for the residential project. A building plan is a set of construction or working drawings that define all the construction specifications of a residential house such as dimensions, materials, layouts, installation methods, and techniques. It’s important that the buyer must check that the project has all the concerned government approvals so that one can save himself from living under the risk of unauthorized property.

Mutation certificate

In case you are buying a property which is already in another name, then this certificate is a must. It gives your information about the change of title ownership from one person to another when the property is sold or transferred. By mutating a property or a house, the new owner gets the property recorded in his name in the land revenue department and the government is able to charge property tax from the rightful owner.

Occupancy certificate

If you think that an approved building plan is enough to prove the legality of the apartment, then you are wrong. Another major factor which makes your project a legal one is the occupancy certificate.  An occupancy certificate is a document which is issued at the end of the construction of a project by a local government agency. The document is a proof that the building is made in compliance with applicable building codes and other laws.

Encumbrance certificate

While buying a property, it is important to verify that the property does not have any monetary or legal dues. So here the importance to verify the encumbrance certificate (EC) arises. It ensures that the complete ownership of the property is without any monetary or legal liability. The EC for property can be obtained from the sub-registrar’s office where the particular property has been registered.

So in order to avoid legal stresses while buying a ready to move in houses, give a check to all these five documents.