Important Documents Involved In A Home Buying Process
by jessica sa Digital Marketing ExpertA real estate
transaction involves an extensive documentation process that is vital to
authenticate the deal and make it official in the government records. When
planning to invest, buy or sell a property, one should be aware of the
different kinds of documents required.
Looking for a new home
aware of the important documents involved in a home purchase.
Listed below are the
documentation process involved in a real estate transaction.
• Title deed — It
proves the ownership one has over the property. It is specifically required
when the property is transferred or sold to a new person.
• Commencement
certificate — It is a legal document issued by the authorities like the
municipal corporation after the inspection of the site. The document allows for
the commencement of the construction.
• Completion
certificate — It is a mandatory legal document which attests that the new
building’s construction has been completed with compliance of norms and
regulations mandated by the government.
• Occupancy
certificate — Issued by the local planning authority, it certifies that the
building is fit to be occupied after verification of adherence to building and
safety regulations, utility provisions, etc.
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Created on Mar 23rd 2019 01:00. Viewed 490 times.