100% Clear Title

100% clear title is a term that means the ownership of a property is free from any disputes, liens, encumbrances, or defects. It means that the owner of the property has the full right to sell, transfer, or mortgage the property without any legal issues. 100% clear title is also known as marketable title, absolute title, or good title.

What is 100% Clear Title and How to Check it in India?

100% clear title is a term that means the ownership of a property is free from any disputes, liens, encumbrances, or defects. It means that the owner of the property has the full right to sell, transfer, or mortgage the property without any legal issues. 100% clear title is also known as marketable title, absolute title, or good title. 🏠

Why is 100% Clear Title Important?

100% clear title is important for both the seller and the buyer of a property, as it ensures the following benefits:

  • It protects the seller from any future claims or lawsuits by the buyer or any third party regarding the property.
  • It protects the buyer from any fraud, forgery, or misrepresentation by the seller or any third party regarding the property.
  • It enables the buyer to get a loan, insurance, or tax benefits for the property.
  • It increases the value and demand of the property in the market.

How to Check 100% Clear Title in India?

To check 100% clear title in India, you need to do the following steps:

  1. Verify the title deed: The title deed is the main document that proves the ownership of the property. You need to check the original title deed and make sure it is registered, stamped, and signed by the seller and the previous owners. You also need to check if the title deed has any conditions, restrictions, or endorsements that may affect the ownership.
  2. Verify the encumbrance certificate: The encumbrance certificate is a document that shows the history of transactions and charges on the property for a specified period. You need to get the encumbrance certificate from the Sub-Registrar's Office where the property is registered and check if the property is free from any mortgages, loans, leases, or litigation.
  3. Verify the tax receipts: The tax receipts are the documents that show the payment of property tax and other dues to the government. You need to get the tax receipts from the municipal corporation or the panchayat where the property is located and check if the property tax and other dues are paid up to date.
  4. Verify the possession certificate: The possession certificate is a document that shows the physical possession and occupation of the property by the owner. You need to get the possession certificate from the revenue department or the local authority where the property is situated and check if the possession is in accordance with the title deed.
  5. Verify the approval plans: The approval plans are the documents that show the permission and approval of the construction and layout of the property by the competent authority. You need to get the approval plans from the development authority or the town planning department where the property is located and check if the property is built as per the approved plans.
  6. Verify the NOC and other certificates: The NOC and other certificates are the documents that show the clearance and compliance of the property with various laws and regulations. You need to get the NOC and other certificates from the concerned departments such as the fire, electricity, water, pollution, etc. and check if the property meets the required standards and norms.

Conclusion

100% clear title is a term that means the ownership of a property is free from any disputes, liens, encumbrances, or defects. It is important for both the seller and the buyer of a property, as it protects their interests and rights. To check 100% clear title in India, you need to verify the title deed, the encumbrance certificate, the tax receipts, the possession certificate, the approval plans, the NOC and other certificates of the property. You can also take the help of a lawyer or a professional service provider to check the 100% clear title of the property. 🏠

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