So Whose Property Are You Buying?

BROAD CATEGORIES OF PROPERTY
(1) Agricultural (Rural / Semi-Urban) Lands.
(2) Urban Lands.
(3) Built-up Premises.
CHECK-LIST OF PRIMA-FACIE
REQUIREMENTS / SCRUTINY
(1) Agricultural Lands
a) Last Purchase Deed
b) Last 7/12 extract
c) All mutation entries mentioned
d) Name/s appearing in Kabjedar column
e) Name/s appearing in other rights column
f) Remarks appearing in other rights column
g) Personal law applicable to owner/s
h) Family tree with date of birth, marriage / divorce, death and form of marriage
i) Area of land
j) Demarcation Certificate / Plan
k) Zoning Remarks
l) Court order if any minor is owner in his own right
m) Last paid-up bill of MSEB, Land Revenue, Structure Tax
n) Public Notice
o) General Declaration-cum-Indemnity for Title, Tax Revenue Dues, etc.
p) Special clearances for -
i) 84C Remark
ii) Sec. 32 Lands
iii) Restricted Tenure/s
q) Verify whether land is self-occupied or otherwise

(2) Urban Lands
a) Last Purchase Deed
b) Last 7/12 extract, CTS extract, TPS 'B' certificate
c) All M.E. mentioned
d) Name/s of Kabjedar
e) Name/s of other right holders
f) Remarks in other rights column
g) i) Personal law applicable to owner/s if individual
ii) If Partnership - Partnership Deed
iii) If Pvt. Trust - Trust Deed
iv) If Public Trust - Trust Deed. NOC of Charity Commissioner
v) If Limited Co. - Greater detailing required
vi) Co-op. Society - Bye Laws. NOC of Registrar
h) i) Family tree for individuals
ii) Extract of Registrar of Firms for Partnership. For sale of Capital Asset, all partners to sign
iii) For Trust : List of Trustees. Resolution of Trustees
iv) For Companies : AGM Resolution. BOD Resolution
v) Society : AGM Resolution. MCM Resolution
i) Area of land
j) Demarcation Plan
k) D.P. Remarks
l) Court order for minor
m) i) Last paid-up bills of MSEB. Land Revenue Structure Tax
ii) Tenancies
n) Public Notice
o) i) Declaration-cum-Indemnity
ii) Sec. 281 Income Tax Clearance / C. A's Certificate
p) Restricted Tenures. Lease. Old Grant. Sanad
q) U.L.C.R. Act
r) P.A.N. details
s) Occupation - self possessed or otherwise

(3) Premises
a) Land Title Certified by Advocate of Developer
b) Development Agreement and Power of Attorney
c) Commencement Certificate
d) Sanctioned Plans
e) Completion Certificate
f) i) Ownership premises agreement duly stamped and may be registered
ii) Link document/s of previous resale/s, if any
g) i) Conveyance between Landlord, Developer and Society or Company
ii) Declaration and Deed of Apartment
h) General queries applicable to property owner/s also applicable here
i) Public Notice
j) NOC of Society. Condominium. Company
k) Declaration-cum-Indemnity
l) Sec. 281 Income Tax Clearance / C.A's Certificate
m) U.L.C.R. Act Scheme premises
n) Last paid-up bills
o) i) Share Certificates
ii) Check all changes
iii) Nomination - Nominee is not the Owner
iv) Joint Holding - Survivor is not Owner
p) Verify whether premises are self-occupied or otherwise
q) Sec. 195 (2) Income Tax Clearance if Owner is an NRI

(4) Power Of Attorney
Care to see genuineness of Power of Attorney. Never pay to the Attorney.

(5) Plot Owner's Type Society
Check Lease - Deed