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Important Documents to Check Before Buying a Resale Flat

By IIFL Home Loans | Published On Sep 14 2023 6:05 AM 1 min read 1558 views 491 Likes

The opportunity to own a home with history and character makes purchasing a resale flat exciting and satisfying. However, before you finalize the transaction, you must confirm that all necessary paperwork is in order. This document checklist will assist you through the process and ensure a smooth and successful resale flat acquisition.

Documents Required for Resale Flat Purchase

Here are the documents required for a home loan for a resale flat:

  • Sale Deed

A sale deed is one of the most important documents to check before buying a flat. It is the fundamental legal document that establishes ownership transfer from the seller to the buyer. The sale deed should be correctly drafted. It also contains accurate information about the property, the sale price, and both parties' signatures.

  • Title Deed and Document Chain

Examine the title deed to confirm the seller's ownership of the flat. Examine the title for encumbrances, legal problems, or pending litigation. Examine the chain of documentation to prove the property's ownership history.

  • Building Plan

The flat should be constructed according to the approved building plan to prevent any future legal issues caused by unauthorized construction.

Caption - Documents Required For Resale Flat Purchase
  • Occupancy Certificate

Local authorities issue this certificate after verifying that the construction complies with the requirements. It's your assurance that the building is safe and legal for occupancy. 

  • Encumbrance Certificate

This certificate keeps track of all transactions involving the property. It also verifies that there are no outstanding debts or legal issues. 

  • Property Tax Receipts

Ask the seller for the property tax receipts. Verify that all payments have been made on time. This will save you from unexpected tax bills raining on your parade later on.

Caption - Legal Documents Required For Purchase Of Property
  • NOC from the Bank

This is a certificate issued by financial institutions that hold the home loan on the property you're interested in. It states that the bank has no objection to the property's sale and transfer of ownership.

  • Utility Bills

Checking utility bills before buying a resale flat is crucial. It ensures you're aware of the property's ongoing expenses and can budget effectively for your new home.

  • Share Certificate

When buying property in a cooperative housing society, a share certificate traces the ownership of the resale flat. This is important for understanding its ownership history.

Financial institutions are crucial when buying a resale flat, particularly if you're getting a home loan. Consider exploring IIFL Home Loans for financial support in this journey. The NBFC acts as your partner, aiding a smooth transition and helping with paperwork while providing guidance, insights, and assistance in understanding complex documents.

  • To Sum Up

The documents required for resale flat purchase are very important as they can prevent legal and financial complications in the future. If needed, consult legal experts or property professionals to ensure you're making an informed decision. To know more about the documents required specifically for home loans, read more on the IIFL Home Loans website. 


1. How to check a flat owner's name online?

  • Visit the official government website of your state that provides land and property information.

  • Input property details like district, taluka, survey number, or address.

  • The website will then show the property owner's name linked to the details.

2. What to check before buying a flat?

The first thing to do is to check the property's legal documents, including the title deed and sale agreement. Additionally, verify the property's physical condition, location, and amenities to align with your preferences and investment goals.

3. What are the documents to be checked before buying a flat from a builder?

  • Builder-buyer agreement,

  • Approved building plan, 

  • Project commencement/completion certificate,

  • Land title documents, 

  • Relevant NOCs from local authorities. 

4. What are the legal documents required for the purchase of property?

Sale deed, title deed, property tax receipts, encumbrance certificate, occupancy certificate, approved building plan, and NOCs from banks.

5. How to register a resale flat?

Create a sale deed using a non-judicial stamp. Have the seller sign it, and then register it with the neighbourhood sub-registrar office. Then submit the necessary documents and pay the applicable registration fees.


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