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Important Real Estate Paper Verification Point:

“Property in Odisha” do the paper verification those property in bhubaneswar as well as provides actual advices related to the  property to find out the solution.

  1. Identify who the seller is and get his full particular.
  2. Ask for the proof of identity and residency. (both buyer & seller)
  3. Find out the nature of his right. The seller’s right may be absolute, conditional or limited. It is always advisable to deal with absolute rights.
  4. Trace the title of the seller for at least 30 years. The title of the seller may be by purchase, by inheritance, by partition, by gift, by settlement or by grant.
  5. Ask for and see all the documents in original.
  6. If there are any conditions in the documents, examine the conditions, and if the conditions restrict or prohibit the transfer or alienation, do not proceed.
  7. Find out the extent of the property and see whether it tallies with the one mentioned in the documents. Verify survey number, location and boundaries and get the land measured through a competent surveyor
  8. Examine the sketch or plan of the property.
  9. Verify with the revenue records and confirm that the seller is in possession of the property and has paid all the dues and taxes applicable.
  10. See if necessary orders for conversion is obtained in case the land is sold as house sites in case the property is assessed as an agricultural land.
  11. Verify the documents with the Encumbrance Certificate obtained from the SRO concerned.
  12. EC should be obtained for at least a period of 13 years.
  13. If there is a building see whether proper planning permission has been obtained. Also verify the completion certificate and latest tax receipt.
  14. All documents examined, should be original to ensure that the seller has a clear title and that there are no encumbrances on the property such as lien or mortgage or any other charge.
  15. Non-availability of any original document should be taken seriously.
  16. If the originals might have been lost by misplacement, fire, or by some other means, ask for an affidavit, from the owner to the effect that the original title deeds are really lost and that he has not created any charge, or deposited it with anybody.
  17. A paper publication can also be given about the misplace.
  18. If the property in bhubaneswar then verify price in that area.

For property (Land, plots, apartment, duplex, triplex, residential plot, commercial plot, investment property, luxyrious propert) related any query contact “Property in Odisha”.