நிலம் வாங்கும் போது செய்ய வேண்டியவை (Things to do while buying a plot)
For those starting from scratch, building your dream home requires due diligence (விடாமுயற்சி) and exhaustive (முழுமையான) careful planning on both -acquiring (பெறுவதற்கான) a piece of land and building the house. And, to be careful about legal issues in the first stage and cost issues in the second stage.
Buying a plot
You need to begin by looking for a good locality to acquire (பெறுவதற்கு) a plot. While finding the right locality is not easy , finding a plot with clear documentation is tougher. When buying a plot, you first need to ensure (உறுதி) it does not come in agricultural area; one cannot construct there.
"One needs to be careful before confirming the land piece. The issues around land purchase vary across cities and states. One of the main issues is the legal status. A buyer should thoroughly examine all the parent documents, including confirmation of the seller's name in the sale deed, his rights to sell the property and conveyance (சொத்து மற்றும் பரிமாற்றம் விற்க) of the deed. One needs to look at how the conveyance of the deed has moved in the last three transactions, to get a continuity."
Another important aspect is checking the encumbrance certificate (EC) (கையெழுத்து சான்றிதழ்). The EC can be verified for the past 13 or 30 years, to understand how the conveyance of the property (சொத்து பரிமாற்றம்) title has moved. It's a clear indicator of title. The possession certificate (உடைமை சான்றிதழ்) needs to be in the seller's name.
Access to the site is an important aspect before you confirm. It's important that an intending buyer visits and ensures all aspects, speaks to neighbours to understand the veracity of the seller (விற்பனையாளரின் உண்மைத்தன்மை) and the access to the site.
"Property tax receipts or house receipts from government agencies is another indicator that the property belongs to the seller. Tax and related receipts help ascertain whether any notices or requisitions relate to the property (கோரிக்கைகளை சொத்து தொடர்பான).
"Measuring the land is also important. There are instances where the area varies from the deed to the actuals. It's imperative (கட்டாயமாகும்) the buyer measures the land physically and makes sure the area conveyed is in line with the documents."
How to ensure there is no legal dispute? "If the plot is marketed as a developed one by a reputed developer, there is very little stress involved in establishing the legal veracity. If being bought directly from individual owners, an advocate experienced in property matters should do a title check. It is not advisable for a lay person to attempt to do the due-diligence without professional assistance.
For those starting from scratch, building your dream home requires due diligence (விடாமுயற்சி) and exhaustive (முழுமையான) careful planning on both -acquiring (பெறுவதற்கான) a piece of land and building the house. And, to be careful about legal issues in the first stage and cost issues in the second stage.
Buying a plot
You need to begin by looking for a good locality to acquire (பெறுவதற்கு) a plot. While finding the right locality is not easy , finding a plot with clear documentation is tougher. When buying a plot, you first need to ensure (உறுதி) it does not come in agricultural area; one cannot construct there.
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| Before buying a plot |
"One needs to be careful before confirming the land piece. The issues around land purchase vary across cities and states. One of the main issues is the legal status. A buyer should thoroughly examine all the parent documents, including confirmation of the seller's name in the sale deed, his rights to sell the property and conveyance (சொத்து மற்றும் பரிமாற்றம் விற்க) of the deed. One needs to look at how the conveyance of the deed has moved in the last three transactions, to get a continuity."
Another important aspect is checking the encumbrance certificate (EC) (கையெழுத்து சான்றிதழ்). The EC can be verified for the past 13 or 30 years, to understand how the conveyance of the property (சொத்து பரிமாற்றம்) title has moved. It's a clear indicator of title. The possession certificate (உடைமை சான்றிதழ்) needs to be in the seller's name.
Access to the site is an important aspect before you confirm. It's important that an intending buyer visits and ensures all aspects, speaks to neighbours to understand the veracity of the seller (விற்பனையாளரின் உண்மைத்தன்மை) and the access to the site.
"Property tax receipts or house receipts from government agencies is another indicator that the property belongs to the seller. Tax and related receipts help ascertain whether any notices or requisitions relate to the property (கோரிக்கைகளை சொத்து தொடர்பான).
"Measuring the land is also important. There are instances where the area varies from the deed to the actuals. It's imperative (கட்டாயமாகும்) the buyer measures the land physically and makes sure the area conveyed is in line with the documents."
How to ensure there is no legal dispute? "If the plot is marketed as a developed one by a reputed developer, there is very little stress involved in establishing the legal veracity. If being bought directly from individual owners, an advocate experienced in property matters should do a title check. It is not advisable for a lay person to attempt to do the due-diligence without professional assistance.
Nice Blog. Thanks for sharing
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