4 Significant Documents to Check before Purchasing a Property in Baliwag Bulacan

If you are looking to buy a property in Baliwag Bulacan, then you need to check the important documents. You must identify the necessary documents, and carefully check each one of them. This is crucial for a safe deal. One essential document can put your deal on hold for many days and the dispute can arise in the deal.

Below are 4 significant documents to check before purchasing a property in Baliwag Bulacan:

1. No Objection certificate

A no objection certificate from the owner of the property is essential to avoid legal disagreements in the future. If the real estate property belongs to a housing society, then you need to get a no objection certificate from the society before spending in it.

Authorities like the water board, the local electricity board, sewage board, the municipality, the environmental board and income tax department approve the real estate property by issuing a no objection certificate. Without the no-objection certificate, you cannot sell your property in any way.

2. Building Map Approval

When the building map has been drafted, it is ideal that you get them permitted by the urban development authority in Baliwag Bulacan, so as to make sure that it meets the established standards. Without the approval, the real estate property can be considered as unauthorized and illegal.

3. Most Recent Tax Receipt

Make sure that the property you are going to purchase is free from all pending property tax dues. To check whether the tax has been paid or not, you should ask the owner of the property for the most recent tax receipt issued by the local authority in Baliwag Bulacan. You can also have the option to verify from the office of the local authority.

4. Encumbrance Certificate

An encumbrance certificate confirms that the real estate property is free of all possible disputes. One of the more significant documents, you will need it to apply for a house loan. To get the document, you will need to contact the local sub-registrar and go through the legal process. In this way, you will be able to sell your property without any troubles.