Legal documents to check before Buying Land in India
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- čas přidán 25. 11. 2022
- Buying Land Guide(PDF): bit.ly/3OFnwjC
In this video, we cover in details all the important checks that you should do while buying a land to save yourself from any litigation and financial loss in future, even if you have bought a land you should watch this video to do a sanity check.
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Things to ensure when buying a land?(PDF): bit.ly/3OFnwjC
Title: "Legal Checks and Balances for Land Ownership in India: Protecting Your Investment"
Summary:
This informative CZcams video addresses the critical legal checks and precautions individuals in India should take when buying or owning land. Given the prevalence of land-related civil cases in Indian courts, the video provides valuable insights and safeguards for both current landowners and prospective buyers. Here are the key points and main takeaways from the video:
1. **Title Check**:
- Ensure the seller has the legal right to sell the property to you.
- Conduct a title check, preferably with the assistance of a property lawyer, to verify ownership rights.
- Request a Title Search Report (TSR) from the lawyer to confirm the property's legitimacy.
2. **Land Survey**:
- Appoint a land surveyor to physically verify the property's boundaries and prepare a sketch.
- Match the survey results with the original title deed and future sale deeds to ensure consistency.
3. **Land Usage Approval (CLU)**:
- Confirm if the land's usage is approved for your intended purpose (residential, commercial, etc.).
- Check local development plans to understand road layouts and other infrastructure.
4. **Mutation Certificate**:
- After purchasing, change the property owner's name in revenue records through mutation.
- Ensure that property taxes are paid in your name.
5. **Encumbrance Check**:
- Verify that the property is free from any pending dues, liabilities, or encumbrances.
- Check for any outstanding loans or debts against the property.
6. **General Power of Attorney (GPA)**:
- Avoid purchasing property solely based on a GPA.
- If necessary, ensure the GPA includes clauses granting specific selling rights and legal actions.
7. **Foreign Seller Notarization**:
- If the property owner resides outside India, ensure the GPA is apostilled or notarized in their country of residence.
8. **PTCL Endorsement**:
- Check for PTCL (Prevention of Transfer of Certain Lands) endorsements to confirm the land is not reserved for SC/ST communities.
9. **Sale Deed Registration**:
- Register the sale deed within four months of the sale to avoid penalties.
- Verify the authenticity of the seller's signature, possibly by checking their e-signature on the PAN card.
10. **Sound Mind Certificate**:
- Insist on a certificate of sound mind attested by a medical professional if there are doubts about the seller's mental capacity.
11. **Caveat Emptor (Buyer Beware)**:
- Understand that due diligence is crucial to protect your ownership rights.
- Document all due diligence steps in the sale agreement and sale deed for legal protection.
12. **Public Notice and Publication**:
- Publish a public notice in newspapers to announce the property purchase.
- This serves as a precautionary measure to address any potential disputes or claims.
The video provides comprehensive guidance on safeguarding your land investments in India, emphasizing the importance of thorough due diligence and legal protection.
[Note: The summary has been condensed for brevity, and viewers are encouraged to watch the full video for a detailed explanation.]
We need to sort this stuff if we want manufacturers to come to this country.
fantastic video clearly shows the efforts that have been put in.
thank you for the video.can you please make a video on how to protect myself from potential land grabbing or false land owner accusation?
very good guidance.
great information; thanks a lot;
Hi Team, can you also cover the Importance of RTC ?
Very good content.
Thank you
Thank you so much 🎉
Too useful.. thank you sir
Thanks for creating this!
Thank WW guys, really informative
0:00: 🔍 Learn about legal checks and balances to protect your land ownership and purchase.
2:56: 📝 The role of a land surveyor is to determine the existing position of land and prepare a sketch to ensure accurate property transfers.
5:40: 🏠 When selling a property in India, it is important to have a power of attorney, ensure the property is not encumbered, and verify the authenticity of documents.
8:15: 🏡 When buying property, it is important to check for CLU approval, non-agricultural certificate, and PTCL endorsement.
11:07: 💡 Before buying a plot of land, it is important to insist on a certificate of sound mind attested by a medical health professional and to do due diligence with a competent lawyer to ensure clear title over the land.
Recap by Tammy AI
good info...thanks for creating this video..
Thank you
Amazing video.
Thanks
Really informative 👍
Very helpful
good
Ver y informative, to the point and well made!
Thanks, glad you liked it.
awesome content
we need reforms in land buying
What about six schedule areas in India, I've seen massive increase over a very short period
very helpful :)
Can you share Mr, Paras Pandey info for legal advisor
Team can you also throw some light on buying agriculturale land
Sure, we can cover that in one of our shorts on our channel
Man, this sounds so complicated better to rent.
too much headache I would rather rent
Not everyone can buy.
It's a Huge headache
Lol you need to grow up before thinking about buying a property
Rents are now equal to emi
Land 10 lakh
Process 3 lakh
Ghus 2 lakh
usse acha 5000 depojit 2000 bhada
anybody interested near Mumbai bhiwandi Kalyan ke near land ki requirement hai to I will show you best land available land Mumbai nasik highway and also near samruddhi highway circle
Too costly and tedious process 😅😅😅
Hindi bhi bana do yaar..
This video is scary 😂😂😂 even land owners will think twice before selling lands😂😂😂😂
Why you addressing the person A a Man .
what an evil smile bro 😅
very good guidance.