Legal Documents to check before buying empty residential lands

Buying an empty land for residential purpose is a good option for investment. But before the investment you should know what legal documents must be checked thoroughly to avoid future legal complications.

The Title Deed: The title deed is a legal document which proves a person’s right to a property. An advocate prepares a title deed after studying and scrutinizing the property and verifying that all is in order.
Encumbrance Certificate: This is a certificate which tells that the land is not in any legal dispute battle or lawsuit. This document should be checked properly to avoid legal harassment.
Pledged Land: Some people may have pledged their land previously for taking a loan. You should ask the landowner for release certificate if there is a matter of loans. This is to ensure that there is no due amount of loan.
You must check that whether there is only one owner or more than one. In case of the second situation may go harsh if the owner are in a legal battle for the land.
If the owner is an NRI then the seller must have the power of attorney for legal authority to sell the land.

These are the main points to check. Apart from these there are numbers of other legal points to be checked. For an easy checking process you should buy lands from a reputed owner or seller. It is better to buy a residential empty land in a township project area from a well reputed real estate company.

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