Sellers Questions
I want to sell my property. What are the documents a buyer would need from me?
The following paperwork is normally needed from you when Selling Your Property.
The
basic record demonstrating ownership of the land is the title deed.
Sale
Agreement: This document outlines the terms and conditions of
the transaction and is a legally enforceable agreement between you and the
buyer.
Property
Tax Receipts: This record attests to the fact that you've paid
all necessary property taxes up until the sale date.
Certificate
of No Encumbrance: This document attests that there are no liens or
other types of encumbrances on the property.
These
documents, the Khata Certificate and Khata Extract attest to the fact that the
property has been valued for property tax purposes and that the relevant
information has been entered into the municipal corporation's registry.
Building
Approval Plan: This record attests to the fact that the structure
was built in accordance with the authorized building plan.
Power
of Attorney: If you are unable to be present during the sale,
this paper appoints someone to sign on your behalf.
It's crucial to keep in mind that the precise paperwork needed may change based on where you live and the kind of property you're selling.