Documents Required in Real Estate Dealings

Buying or selling a property is definitely an important decision, which associates the buyer or seller to a lot of legal formalities and other formalities. In these real estate dealings, the compilation of required documents becomes a crucial step. Whether you are going to book a fresh property or selling your home after possession, you need to submit a particular set of papers. Some buyers and sellers find this process quite complex so here is the list of all the required documents in case of different cases in real estate buying and selling. 

Following are the documents that the property buyers and sellers require under different situations:

While buying a new property:

·         Pan Card and Residence Proof

·         6 Photographs of Main Applicant and Co-applicant

·         Financial Documents (In case of loan)

In case of Resale:

·         Provisional Allotment Letter

·         All the payment receipts

·         Builder Buyer Agreement

·         Transfer Set

·         NOC from the builder

·         Pan Card

·         5 photographs

At the time of Possession:

·         Provisional Allotment Letter

·         Builder Buyer Agreement

·         Residence Proof and Pan Card

·         All the receipts

In case of sale after Possession:

·         Lease Deed Agreement

·         NOC from the society or builder

·         Builder Buyer Agreement

·         Receipts of electricity & water bills

·         Receipts of maintenance charges

·         Documents for car parking