LCI Learning
Master the Art of Contract Drafting & Corporate Legal Work with Adv Navodit Mehra. Register Now!

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

Queries Participated

Ramu   06 July 2016 at 10:30

What are the precautions to be taken before buying a notary plot..?

Dear Sirs/Madam,
I am planning to buy a plot in Hyderabad. I have shortlisted a property to buy, but it is just a notary plot wherein a house is constructed with a proper H.No., metered electricity connection, municipal water connection and paying property tax regularly. Seller is also promising me to register this plot on my name. In this situation,
1. Should I go ahead to buy this plot?
2. What are the precautions to be taken before purchasing it?
3.What type of documents should be prepared to bring legality?
4.What are the other procedures to be followed to become a legal owner of this property?
A ton of thanks if you clarify it...! Regards
Ramu