What is Property Verification
Buying a property can be an overwhelming experience, both financially and emotionally. Hence, it is absolutely necessary to ensure that all the legal intricacies are absolutely unambiguous so that there is no legal hassle in the future. The intricacies to be kept in check are: Legal due diligence on the property by the buyer & an inquiry into the seller's capacity to pay; Agreement to sell and earnest money; execution of sale deed; possession, Registration and completion of payment.
Procedure for Property Verification
Connect To Lawyers
We will connect you to property lawyers, who will generate all the required reports from the sub-registrar office.
Verification
Once the documents are received, the lawyers will verify all the property-related documents for checking the title and rights of the seller. The documents will also be verified to check that the documents have been registered and appropriate stamp duty has been paid.
Why BigVakil ?
Access To Experts
We connect you to reliable professionals and coordinate with them to fulfill all your legal requirements. You can also track the progress on our platform at all times.
9.1 Customer Score
Clients are delighted with our service! They have consistently rated us highly because of our focus on simplifying legal requirements and providing regular updates.
200+ Strong Team
Our team of experienced business advisors are just a phone call away, should you have any queries about the process. Our team will ensure that your interaction with professionals is smooth and seamless.
Documents required for Property Title Verification
In India, Property Title Verification cannot be done without proper identity proof and address proof. Identity and address proof will be needed for all the directors and the shareholders of the company to be incorporated. Listed below are the documents that are accepted by MCA for the online company registration process acceptable.
Identity And Address Proof
- Scanned copy of PAN Card or Passport (Foreign Nationals & NRIs)
- Scanned copy of Voter’s ID/Passport/Driver’s License
- Scanned copy of the latest bank statement/telephone or mobile bill/electricity or gas bill.
- Scanned passport-sized photograph specimen signature (blank document with signature [directors only])
For the foreign nationals, an apostilled or notarized copy of the passport has to be submitted mandatorily. All documents submitted should be valid. The residence proof documents like the bank statement or the electricity bill must be less than 2 months old.
Registered Office Proof
For online company registration in India, the company must have a registered office in India. To prove admittance to the registered office, a recent copy of an electricity bill or the property tax receipt or water bill must be submitted. Along with the rental agreement, utility bill or the sale deed and a letter from the landlord with her/his consent to use the office as a registered office of the company should be submitted.
- Scanned copy of the latest bank statement/telephone or mobile bill/electricity or gas bill
- Scanned copy of Notarized rental agreement in English
- Scanned copy of No-objection certificate from the property owner
- Scanned copy of sale deed/property deed in English (in case of owned property)
E-Form spice 32
It is an incorporation e-form provided at the final stage of in corporation of a company. Here, all the mandatory details should be filled in this form and submitted along with the required documents.
