Land is perennially in shortage in India and this means sky-high prices. Buying a plot of land with your eyes closed is a bad idea. Rushing to make the purchase without checking land details, is an act of utter foolishness.
The title deed is a document which proves ownership of the land. It is important to check the title deed before buying a plot of land. The seller of the land should possess the title deed with him. It contains the complete history of the ownership of the land such as, who were previous owners, change in the ownership of the land and so on. Make sure the title deed of the plot of land is clear and marketable.
The seller of the property should have the sale deed while selling the property. It is a document which gives the seller the right to sell and it transfers the ownership of the plot of land from seller to the buyer. First, the sale deed should be made between the seller and buyer on a non-judicial stamp paper. The sale deed contains information such as name and addresses of the buyer and the seller. It also contains other details of land such as location, address (identification number) and the area of the land.
Sale deed also mentions the date on which the seller is ready to hand over the land to the buyer, along with all the land records. After the seller and buyer of the land have an agreement, the sale deed is registered in the sub-registrar office.
Whenever you buy a plot of land, make sure to check the encumbrance certificate. It is a certificate which states that the land which you are planning to buy is free from mortgages, debts and litigations. It is very important to check the encumbrance certificate because the seller may have mortgaged his land as collateral for a loan.
DC Converted Land
In Karnataka, all land is considered to be agricultural land. It should be converted to non-agriculture land, if you have to use it for construction. The conversion of agricultural land to a non-agricultural land is done by a Deputy Commissioner and it is called DC converted land.
To convert agricultural land into non-agricultural land, the department of town and country planning has to issue a No Objection Certificate (NOC). The land will be converted by the Deputy Commissioner after checking for approval by the Department of Town and Country Planning for land use conversion. In order to get an A Khata certificate, DC conversion is a must.
Check if the land is A Khata
The word Khata means account. It records the details of the property for the purpose of payment of property tax. A Khata land comes under the BBMP (Bruhat Bengaluru Mahanagara Palike) jurisdiction. This kind of land is legally developed with valid sanctions and approvals. B Khata properties do not fall under BBMP (Bruhat Bengaluru Mahanagara Palike) jurisdiction. It is advisable to buy a land with A Khata certificate to avoid any hassles.