Buying a property in India is among the most significant decisions you make. This decision involves huge financial investment.
Additionally, misinterpretations and frauds are quite common in property businesses. From illegal sales to forged documentation, property business may have huge risks.
The good news?
Property frauds can be avoided with right legal advice. A property lawyer in India can help safeguard your investment while ensuring smooth property transactions. Choosing a property lawyer like Dr Gaurav Manuja can help protect your investment in the long run.
What are Property Frauds?
Property frauds happen when a person illegally transfers or sells a property through forged documents. There are fraudsters in the property business who often target innocent customers by adopting malpractices.
Various types of property frauds includes:
- Forged sales agreement
- Selling illegal properties
- Multiple selling of one property
- Impersonating property owners
Steps to Consider to Protect your Property
Prevention is always better than cure. Taking a few necessary steps can help protect your investment and property rights.
Verify Ownership of Property
Buying property is a crucial financial decision. The most important step is to confirm your property’s ownership. Ensure that the seller has the clear property ownership rights. You should cross-check the title deed before making any decision.
Verify Registration Records
This is a step you can’t miss while buying a property. You can visit a sub-registrar’s office to check the ownership and transaction history. Online systems have made it easier for people to check records.
Check All Type of Building Approvals
Checking building approvals is a crucial step that you can’t ignore. You can important documents such as:
- Building plan approvals
- Building completion certificates
- Fire safety approvals
- Occupancy certificates
- Land clearance certificates
Verify Land Permissions
Land permission is an important factor that you can’t miss. Before purchasing a land, confirm it has been approved for the intended use. For example; if a land is for commercial use, you can’t use it for residential purposes.
Therefore, verifying land permissions is a vital step to avoid any fraud in the future.
Conduct Physical Inspection
Never rely on online listings and photographs. It is always advisable to visit the land and verify its actual possession. Local enquiries often reveal information that is not reflected in the property documents.
Role of A Property Lawyer
Hiring a good property lawyer is an integral step to safeguard yourself from property-related frauds. A lawyer can verify your title documents, review contracts, conduct physical inspection of the property, and identify legal rights.
Professional legal help is particularly considered important while purchasing high-value properties such as inherited properties, or agricultural land. You can contact a highly experienced lawyer.
Taking insights from Dr Gaurav Manuja and his team can protect your property rights. He is among top-rated property lawyers in India.
Get in touch with Dr Gaurav Manuja. Contact 9810013263.
