Thinking of buying a home? Then you are suggested to check all other elements apart from a unit, space and connectivity. The most important thing while finalizing a homebuying deal are the documents. Remember the requirement of up to date documents is similar for both the homebuyer and the seller. So, you being the aspiring home buyer must check if the developer has all these essential documents before signing a deal. Hence, in this blog post, we are listing all the documents required for home buying in India.
Like the Occupancy and Encumbrance Certificate, the Tripartite Agreement is also an essential part of home buying and this document is important to avail financial support from the bank. So, here are the things you must know about the Tripartite Agreement as almost every second home buyer look up to the financial institutions to get a home loan sanctioned within the minimum time possible:
This document plays a pivotal role in both buying and selling of a residential property. In fact, the absence of this certificate can lead to the failure of a property deal. So, scroll down the page and know details about this important paper.
Excited about shifting in your own home? Then, wait before taking the possession from the builder as there is one important thing to look for apart from the home key.
Of course, possession letter is running high on your mind right now. But, are you forgetting about the OC – Occupancy Certificate in the excitement of moving into your own space? If yes, then be cautious because the unavailability of Occupancy Certificate is likely to land you in trouble.