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🚨 Don’t buy any property in India until these 7 documents are verified! One missing document can turn your dream property into a legal headache. Before making any payment, make sure you check these essential property documents to avoid fraud, ownership disputes, and future complications. 🏡 Save this reel... show more
19,637 просмотров • 26 дней назад •via X (Twitter)
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PLOT — here’s the 7-document check from the reel before paying anything: 1. Sale deed — registered proof that the current seller actually owns and can transfer the property. 2. 20–30 year ownership chain — previous sale/gift/partition deeds so there is no broken title. 3. Record of Rights — Jamabandi / 7-12 / RTC / Khata showing the land is in the seller’s name in revenue records. 4. Encumbrance certificate — shows loans, mortgages, dues, or court cases on the property. 5. Mutation / latest land-record entry — name change after earlier transfers is complete. 6. Approved layout / building plan and conversion papers — construction or plot use is legal, not unauthorised. 7. Property tax receipts — all municipal taxes paid and the assessed value matches. Verify originals + certified copies at the sub-registrar and local revenue office before token money.
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Document chaos is how so many property dreams turn into multi-year disputes. Verifying the title chain before money moves is the unsexy step that saves families later.
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![Good news for people having a flat/apartment in Maharashtra. Check out the whole reel to know what’s changing. For more details, keep reading: 1. Your flat can now have an individual property record, instead of the land record only being in the society or builder’s name. 2. Your individual land share will be clearly recorded, which can give flat owners more say during redevelopment. 3. Clear land records can make it easier for banks to verify ownership and approve home loans or mortgages. It can help reduce property disputes related to ownership, wrong entries and double-selling. 4. Resale and inheritance can become simpler, with ownership records easier to update. 5. The property card will be digitally signed and QR-coded, making it easier to verify against government records. 6. Owners can also access or download their property information online. Since the Vertical Property Card system is being introduced in stages across the state, the rollout will naturally take some time. Each district and urban area has to be surveyed, mapped and aligned with the new digital structure before individual flat records can be issued. Maharashtra is among the first states to introduce land records at the individual flat level, and this could potentially become a model for other states. [Anushka Rathod, Finance, India, News, Mumbai] #anushkarathod #finance #india #news #mumbai See less](https://image.24vids.com/tw-2098028963771920615/amplify_video_thumb/2098028660657954816/img/65kGxVPTgnku2QkN.jpg)
![SHOULD GOVERNMENT BE ALLOWED TO TAKE PRIVATE PROPERTY? “People are waking up to the fact that the asset seizure tax is an elimination of private property rights, that fundamentally what you're saying [is] that private property now becomes public property. Because as soon as you give the government the right to collect your post-tax assets through a legislative vote, you are basically saying that you no longer have private property — because at any point in the future the government can vote to say I'm going to take your private property — which is different than an income tax. [An income tax] is when you earn something that you didn't have before, and they take a percentage of your earnings (of your income). The statement now is after you've made your income (it's now your private property) — they can come and take it. And so that is a distinction that has never existed in the United States. And I will make the retort right now to property tax, because people always say to me: ‘what about property tax?’ A property tax is a service fee on a particular, specific asset. The money that is collected provides services for that asset to make it more valuable. So you get roads, infrastructure, policing, fire, schools… All the stuff that comes with property tax makes that property [more valuable]. And you have the option at any point you want to sell that property and stop paying that property tax. You have the option at any point to downgrade your property and get a cheaper property and pay [a lower tax]. And here's the other important point about property tax: it’s uniform. Uniform means that everyone pays the same percentage, the same property tax rate in a county. This asset seizure tax that's being proposed is a demographic tax — meaning that the state or the legislature defines a specific group of individuals (in this case, they're saying anyone with a net worth over a billion dollars) and then they can go and take assets from only that group. That is nonuniform taxation. It means that for the first time we're saying based on the demographics of a person meaning whatever you want to use to define that person (in this case their wealth) — you are going to be treated differently. And that is different than an income tax, because remember when you have graduated income tax rates (and you say high earners get taxed more) — what you're taxing is the earnings, not the individual. You're not looking through to the individual to determine whether or not they're wealthy. All you're doing is looking at the independent earnings amount that's coming in. And so a uniformity clause is supposed to protect people from being demographically discriminated against. And you may roll your hand and be like: ‘Oh, who cares about the billionaires? Eat the rich. That's great.’ But fundamentally, you're giving the government, the legislature, the ability to in the future take any demographic definition they want and go in and take any percentage they want of after-tax property from you. That is why this is so troubling.” david friedberg The All-In Podcast](https://image.24vids.com/tw-2012558948130501004/amplify_video_thumb/2012557570549088256/img/tvspEgv_CJZyLczl.jpg)
