Is it safe to give a Xerox copy of your land title to interested buyers?
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Is it safe to give a Xerox copy of your land title to interested buyers?
Don’t worry. XEROX copy or any unregistered agreement has no legal sanctity in the eye of law. Therefore their is no problem to give Xerox copy of your house. The sale deed or any title deed is a public document and it is always available in Sub Registrars office.
How do I get a copy of sale deed Xerox?
Can obtain a certified copy of sale deed from sub-register office. Apply for a certified copy of sale deed at respective sub-register office where the property was registered. To answer your question in short, you can obtain a loan if you submit a certified copy of sale deed signed by revenue officer.
What to do after selling deed?
Things to do after buying a home
- Store and digitise. Start by making multiple copies of all the documents related to the property.
- Secure the sale deed.
- Get the property tax records updated.
- Get the resource meters transferred.
- Obtain the society share certificate.
Can you fake deed of sale?
This is common in contracts and deeds involving sale of properties. General Rule: A Forged Deed Cannot Convey Title. As a rule, it has been consistently held by the Supreme Court that a forged or fraudulent deed is a nullity and conveys no title (Fule vs.
Can I give Xerox copy of sale deed to prospective buyer?
You can give xerox copy of sale deed to the prospective buyer for verification etc. At the time of giving copy , write it down on the sale deed that only for the purpose of verification or for bank loan process of the prospective buyer. Never ever give original paper of sale deed to anyone before full and final payment.
Why do I not have an original copy of sale deed?
It is not clear that why u do not have original copy. Purchaser have a legal right to have original sale deed with him. Any way get certified copy and keep it with you. Any one can get a certified copy of sale deed but no conveyance is possible by certified copy.
The sale deed has to be shared with the potential buyers once they shortlist your property. Sale deed is required for Legal due diligence on the property so as to avoid any future litigation with the property. It is advisable not to share the sale deed unless and until the negotiation discussion is in advance stage and buyer is genuine.
Is it safe to buy a house without the original sale deed?
The buyer will never feel safe to buy your property without checking the Original Sale Deed as this document proves the authenticity of your ownership. So, if it got lost, stolen or misplaced, it is better to get a duplicate one. How can somebody misuse the original sale deed of any property?