Introduction

Buying a property is exciting, but legal oversights can lead to financial losses or disputes. Here’s a legal checklist to ensure your home-buying journey is smooth and secure.

1. Verify Title Deed & Ownership History

•Ensure the seller has a clear title and full ownership rights.

•Check for any legal disputes or claims on the property.

2. Check RERA Registration

•Always buy from a RERA-registered builder to avoid fraudulent projects.

•Visit rera.karnataka.gov.in to verify project details.

3. Review the Sale Agreement & Construction Timeline

•The agreement should mention possession date, penalties for delays, and quality specifications.

•For under-construction properties, ensure the builder has necessary approvals.

4. Get the Khata Certificate & Encumbrance Certificate (EC)

•Khata Certificate ensures the property is officially recorded with the BBMP.

•EC confirms there are no legal liabilities or loans on the property.

5. Verify Land Use & Zoning Approval

•Ensure the land is approved for residential use by BDA or BBMP.

•Avoid properties built on agricultural or disputed land.

6. Check for Completion & Occupancy Certificates

•For ready-to-move properties, ask for these certificates to ensure legal construction and habitability.

7. Confirm Loan Eligibility & Property Valuation

•Get a home loan pre-approval to avoid financial hurdles.

•Check the bank’s property valuation to confirm you are paying the right price.

Conclusion

Skipping legal checks can lead to ownership disputes or financial loss. Need professional assistance? PropGenius Advisory Pvt. Ltd. ensures all legal aspects are covered for a worry-free purchase.