SCRUTINY

Only on completion of the basis legal due-diligence above, it is best to engage in price negotiation. On agreement of a price and time for completing of the transaction, a more thorough due-diligence must be performed checking on the following aspects:

  • Examine the 7/12 extracts, change/alteration extracts, property card, city survey card for last few years and updated ones.
  • Inspect the documents and index of documents registered pertaining to concerned property in the office of the Sub Registrar.
  • Call for objections if any, to the intended transaction by issuing public notices in newspapers.
  • Verify records of the Court under whose jurisdiction the property relating to the intended transaction is situated in order to find out whether some disputes are sub judice.
  • Make local enquiries regarding the ownership rights and possession of the property.
  • If the property is relating to a Cooperative Housing Society, then to enquire about it with the society.

The nature of title deed verification required would change based on the property type, transaction, buyer, seller and other factors. Hence, it’s best to engage an experienced Lawyer for completing the property title verification.

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Mumbai

Mumbai C/o Parsiana, K. K. (Navsari) Chambers, 39B, Ground Floor,
Opp. St. Cathedral School side entrance, Amrit Keshav Nayak Road, Fort,
Mumbai 400001.
Landline: 022- 2207 4336
Mobile: 9167 004 264 Email: [email protected]

Navi Mumbai

Navi Mumbai No 61,
Thapar Complex, Sector 15,
Near Arcee Electronics, Behind New CBD Belapur Court,
CBD Belapur 400614
Mob: 9987 517 492 Mob: 8652 7792 58 Email: [email protected]

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