Things to do before Buying a Plot

Last week we saw few tips for people who are looking to buy plots in Bangalore. Plots have lot of advantages as you can construct nice villas in Bangalore according to your taste and need. This week let us take a look at few legal terms to be noted while looking to buy a plot.

Check the Title Deed of the land. A title deed is "a legal document proving a person's right to property". An advocate prepares a title deed after studying and scrutinizing the property and verifying that all is in order.

Take a look at the Encumbrance Certificate. This is basically a certificate that says that the land is not under any sort of legal dispute. The encumbrance certificate can be obtained from the sub-registrar’s office where the deed for the land has been registered. The encumbrance certificate for the past 13 years should be taken and verified. You could even ask for the encumbrance certificate of the last 30 years for more clarification.

Some lands might have been pledged and then recovered or re-bought from a person. In this case, it would be wise to ensure that all the loan payments have been made and that no amount is due. "Release Certificate" from the bank is necessary to release all debts over the land legally.

Get a legally attested person to measure the plot which you are going to buy.

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