People usually say that “home isn’t a place, it is a feeling.” I totally agree with that. The satisfaction you get after taking possession of his house after years of waiting and months of due diligence can’t be described in words. However, you should ensure you have all the required documents of your property to avoid legal issues in the future. If you want to know how to take possession of property, then just make sure you have the following documents with you:Allotment letter: It is provided by the developer if you have taken a housing loan. You will have to offer this to your lender and is required to release the remaining funds.Building plan approval: It specifies that the building structure has been approved by the local authorities. Your building will be considered an illegal construction if you don’t have this.Joint development agreement: It is required in case more than 1 person is responsible for the project’s development.Encumbrance certificate: This EC document ensures that the property is free from any monetary and legal liabilities.Read How to Obtain Encumbrance Certificate OnlineOccupancy certificate: The civic authority of the city issues this certificate, which ensures that the project construction complies with the building laws and approved plan.Read What is a Certificate of Occupancy in DetailNo objection certificate: A NOC ensures that the project has received all the necessary approvals from the concerned departments before starting the construction.Commencement certificate: The designated authorities issue this certificate to the developer after the specifications in the Intimation of Disapproval (IOD) are met.Read What is Commencement CertificateKhata: It includes all the relevant details about a property such as the size of the building, location, and name of the owner.Read How to Check e-khata DetailsCompletion certificate: It ensures that the project has been built as per the required regulations and norms.Read What is Completion Certificate and Why it is an Important Document For Property Owners“No Dues” letter from the developer: It is issued after all payments have been made.Other Documents: land-use certificate/conversion order, Registered deed of conveyance, agreement by maintenance agency, details of electricity, water and power backup, etc.How to take physical possession of property from the bank?In case a bank takes physical possession of the property due to failure in repayment of loans, then you can request some other bank to bail out your property by paying the debt due by you to the said bank.I hope now you know how to take possession of property! 😊
Hello. I bought a 2 BHK last month and applied for the legal possession of property. Basically, the process can be done both online and in person. In this answer, I will share the in-person method to take possession of your land. The procedure takes 4 steps, and you will receive the necessary documents within 7 days. So, keep reading to find out how to get possession of property.
How to Take Possession in Property Law?
You can gain possession of your property through legal means by receiving the possession certificate. Here is the offline process for the same.
To begin with, you need to submit an application for possession certificate along with a few documents to the official at the Deputy Secretary’s Office.
Make sure to take note of acknowledgement while doing so. This process is free of charge.
Within 7 days, you will be notified to collect your possession certificate.
You will have to sign in a register, which serves as an acknowledgement of receiving the certificate.
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How to take possession of property?
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September 24, 2021
2021-09-24T15:08:44+00:00 2021-09-24T17:31:12+00:00Comment
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