We check beyond the Documents Provided to us viz., legal verification of property at Revenue Department, Registration Department and in the Court of Law for any kind of title defects i.e., Government Land, Assignment Land, Mortgages, Liens, Attachments by Government, Bank, NBFCs etc., Encumbrances, Double Registrations, Court Cases on property.
Government Approval e.g., GHMC, HMDA, RERA always has disclaimer that “the Approval subject to documents provided and not indication of clear title”
E-Encumbrance Certificate does not disclose the all title defects, further Encumbrance Certification Online service is encumbrance verification of a registered immovable property for a limited period i.e., maximum of 30 years.
Property Seller does not have clear title and documents i.e., approval, permissions and requisite orders or title to sell the property. Hence it is buyer’s prerogative to obtain legal opinion on property before heading with the home loan or Sale Agreement or Long term Lease Agreement.
Property Verification Report is title investigation of an immovable property for a limited period restricted to a particular registered Document i.e., period starting from date of registration of the property to the present date. Basically a Legal Advice on property document.
All kinds of immovable property viz., land, building, apartment, commercial properties need verification before closing transaction is complete.
Encumbrances Certificate, Single Search, ownership check, proper link of titles Scrutiny will enable to ascertain the ownership of the property and marketability of its Title.
Document Verification is unavoidable before purchasing a property and upon such verification it will put an end to all uncertainties and offers peace of mind.