Property Due Diligence: What Every Buyer Must Check
Buying property is one of the biggest financial decisions you'll make. Proper legal due diligence can save you from costly disputes down the road.
Essential Documents to Verify
1. Title Deed Verify the chain of ownership for at least 30 years. Ensure the seller has clear and marketable title.
2. Encumbrance Certificate (EC) Obtain an EC from the Sub-Registrar's office to confirm no mortgages or legal liabilities exist on the property.
3. Approved Building Plan Ensure the construction plan is approved by the local municipal authority and matches the actual structure.
4. Land Use Certificate Confirm the land is zoned for the intended use (residential, commercial, agricultural).
5. RERA Registration For under-construction properties, verify the project is registered with the Real Estate Regulatory Authority.
Red Flags to Watch For
- Seller in a rush to close the deal
- Property priced significantly below market value
- Missing or incomplete documentation
- Multiple owners with unclear consent
- Pending litigation involving the property
Steps for Safe Purchase
- Hire a real estate lawyer for title verification
- Conduct a physical survey of the property
- Check property tax receipts are current
- Verify the seller's identity with Aadhaar/PAN
- Draft a comprehensive sale agreement with clear terms
Our real estate law team offers comprehensive property verification services. Don't risk your investment — consult us before you buy.