When registering a property in India, certain essential documents are required during the possession and transfer of ownership. These documents help ensure a smooth and legally sound property registration process. Here’s a comprehensive guide on the documents you’ll need at the time of possession during property registration in India:
1. Sale Deed:
- The Sale Deed is a critical document that formally transfers ownership from the seller to the buyer. It includes details of the property, the sale price, and the names of both parties. The Sale Deed is executed on non-judicial stamp paper.
2. Encumbrance Certificate:
- The Encumbrance Certificate is a record of all financial transactions related to the property, such as mortgages, loans, or any legal disputes. It verifies that the property is free from any legal dues and is essential for a clean property transfer.
3. Khata Certificate and Extract:
- These documents are primarily required in Karnataka. The Khata Certificate establishes the property owner’s details and their tax liability, while the Khata Extract includes property dimensions and other related information.
4. Property Tax Receipts:
- Current property tax receipts should be provided to confirm that all taxes have been paid up to date. This ensures that no outstanding liabilities are transferred to the new owner.
5. Possession Letter:
- The builder or seller provides a Possession Letter to confirm that the property is ready for possession. This document is essential during property handover.
6. Occupancy Certificate:
- An Occupancy Certificate is issued by the local municipal authority and verifies that the property complies with building codes and can be occupied legally.
7. Completion Certificate:
- This certificate is provided by the builder or the local authority and certifies that the construction of the property has been completed according to the approved plans.
8. Non-Agricultural Land Certificate:
- If the property is not classified as agricultural land, a Non-Agricultural Land Certificate is required to confirm that the land is suitable for residential or commercial use.
9. Power of Attorney (if applicable):
- If the property is registered through a Power of Attorney, the relevant POA document is needed, along with the POA holder’s identification and details.
10. ID and Address Proof:
- Both the buyer and the seller should provide valid identification and address proof documents, such as Aadhar card, passport, PAN card, or voter ID.
11. Passport-Size Photographs:
- Passport-size photographs of the buyer and the seller may be required for various official forms and documents.
12. Sale Agreement:
- The Sale Agreement outlines the terms and conditions of the property sale. It’s crucial to have a copy for reference during the possession and registration process.
13. NOC from Housing Society:
- If the property is part of a housing society or apartment complex, a No Objection Certificate (NOC) from the society may be needed to confirm that the society has no objection to the property transfer.
14. Legal Opinion:
- It’s advisable to seek a legal opinion from a property lawyer to ensure all documents are legally sound and to address any specific regional requirements.
Possessing the necessary documents at the time of property registration in India is essential for a hassle-free and legally valid transaction. These documents serve as evidence of ownership, financial compliance, and legal adherence, ensuring the smooth transfer of property from the seller to the buyer.
