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Chennai Real Estate Insights & Tips – Blog › Forums › Legal and Documentation › Documentation › Documentation Requirements for Purchasing Commercial Property in Perungudi

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Tagged: Buying Process, Commercial Property, Commercial Real Estate, Documentation Requirements, Legal Documents, Perungudi, Property Investment, Property Purchase, Real Estate Law, Real Estate Transactions

  • Documentation Requirements for Purchasing Commercial Property in Perungudi

    Ayesha Begum Guest August 11, 2024 at 7:52 pm

    I’m looking to purchase a commercial property in Perungudi. Could someone guide me on what specific documents I’ll need for the transaction?

    • This topic was modified 7 months, 1 week ago by gaichermaickel.
    #5856 Reply
  • Tanvi Shah Guest August 11, 2024 at 7:53 pm

    you’ll need the sale deed as the primary document, which is proof of the sale agreement between the buyer and seller.

    #5857 Reply
  • Yash Jain Guest August 11, 2024 at 7:54 pm

    Ensure you have the title deed to verify the ownership of the property. This document should be clear and free from any encumbrances.

    #5858 Reply
  • Harini Rajan Guest August 11, 2024 at 7:56 pm

    You’ll also need an encumbrance certificate to confirm that the property is free from any legal dues or mortgages.

    #5859 Reply
  • Vijay Kumar Guest August 11, 2024 at 7:57 pm

    Don’t forget the property tax receipts. These prove that the property taxes have been paid up to date by the previous owner.

    #5860 Reply
  • Sushma Mehta Guest August 11, 2024 at 7:58 pm

    The building approval plan is crucial, especially for commercial properties, to ensure the building was constructed legally and according to regulations.

    #5861 Reply
  • Gayathri Ramaswamy Guest August 11, 2024 at 7:58 pm

    You should also obtain the NOC from relevant authorities, which is often required for commercial properties.

    #5862 Reply
  • Saif Syed Guest August 11, 2024 at 7:59 pm

    Lastly, make sure to have the occupancy certificate if the property is ready to use. This document certifies that the building complies with the local building codes.

    #5863 Reply
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