Nowadays, there are many sellers who are unaware of all useful documents and processes. And there is a need to establish full ownership of all their properties. Here, we will discuss the best checkpoints that you need to keep in mind before selling your property.
Best Tips before selling your property
No Objection Certificate
In order to transfer or sell your plot or flat in a very comfortable way, you have to furnish NOC (No Objection Certificate) certificate from the society. A No Objection Certificate is also required to show the Land Regulatory Authority and the Tehsildar to obtain the conversion certificate.
No Dues Certificate
Before selling your property, you should make sure to get a ‘No Dues’ certificate from the Housing Society.
Sale Deed
If you are going to sell or transfer your flat, you will be required to submit a valid and registered sale deed. The sale deed document plays an important role as proof of registration and proof of stamp duty payment for the time when the flat or plot was purchased by the seller. In addition, this document gives legal protection to your flat or plot. This document should be signed by at least two witnesses of the contract.
Free from any Dues
Your flat or plot should be free from any outstanding balance and should have an independent, clear and marketable title. It is established with the furnishing of the NEC (No Encumbrance Certificate) certificate.
Original Share Certificate
In addition, an important document is the original share certificate. This indicates that the shares issued for the plot or flat are in the name of the seller and are also members of the society.
Your next step should be an occupancy certificate and a copy of an approved estate plan issued by the competent authority.
Thus, you can easily sell or transfer your property by following the above-mentioned points.
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