Sale deed: This is the most important piece of paper required for property purchase. Sale deed has to be produced in original as it establishes the ownership of title of the property.
Extracts: Khata certificate or extract is known by different names in different states and is an important document for the registration of a new property.
Mutation register extract: This specific document is for Gram Panchayat properties and provides the details of previous ownership.
General power of attorney: This document is required to prove whether the sale or purchase of a particular property is being done by an authorized person on behalf of the owner of the property.
Copy of building plan: A buyer must acquire a copy of the building plan approved by the statutory body to establish that the construction of the property is legal and is done according to set rules and regulations.
No-objection certificates (NOC): There are as many as 19 NOCs that have to be acquired by a developer from different authorities while building a housing project.
Allotment letter: An allotment letter is one of the most important documents required for getting a home loan.
Sale agreement: This document lists all kind of information about the property ― the terms and conditions, the possession date, the payment plan, the specifications, the details about the common areas and facilities, etc.
Possession Letter: This document is provided to the buyer by the developer, and sets a date on which the latter would grant the former possession of the property.
Payment Receipts: Collect original payment receipts from the developer if you are buying a new property. If you are buying a resale property, ask for a copy of receipts from the seller to be produced to the bank.
Property Tax Receipts: Property owners have to pay taxes. Ensure that the previous occupier/owner had paid property taxes and there are no pending due.
Encumbrance Certificate: An encumbrance certificate is required to prove that the property does not have any pending legal dues or mortgages.
Completion Certificate: This document is required for getting a home loan. This paper establishes the fact that the building is constructed according to an approved plan.
Occupancy Certificate: An occupancy certificate is issued by the local authority to the developer to establish the building is finally ready to be occupied and the construction has been done according to a sanctioned plan.
Deeds: A deed is the legal document that includes a record of ownership transfers for a piece of real property.
Property Tax Reports: Property taxes are typically a major area of concern for homebuyers. A property tax report will contain the record of all property taxes paid.
Mortgage Records: The mortgage record for a piece of property contains the history of mortgage details from previous owners, and is a public record.
Purchase Agreement: The first document you’ll need, and perhaps the most important one of all, is a purchase agreement. The purchase agreement is a legal document that the buyer will sign as part of their offer on the land.
Disclosure Document: While you might be honest and upfront about how you present the land, any smart buyer is going to require a disclosure document as part of the transaction.
Contract For Sale: If the buyer is purchasing your land in Texas with secured financing or cash, there is going to need to be a contract for sale.
Deed: In order to transfer the title of the land from the seller to the buyer, you’ll need a deed. If the buyer is paying via financing or cash, the deed will need to be presented at closing and should be brought by the seller.
Other Relevant Documents: A closing statement will be required if you are financing the deal, as all credits and debits need to be detailed. A title agency or attorney can create that for you.