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Is e-signature valid on the document (sale agreement) which is made while paying 10% down payment for the flat and how safe it is?

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  Yes, an E-signature on sale agreement is valid and safe to proceed if down payment paid on account transfer. As part of the digital India initiative, real estate in India is encouraged to move as much of the business dealing online. That includes property listing, property tour, transaction, and documentation. Especially the usage of e-signature in India growing at the time of COVID-19 pandemic. Almost 70% of real estate customers are engaging in e- signature for multiple real estate documents that include sale agreement, allotment letter, and possession letter. In Karnataka, many government-operated websites are using e- sign by using Aadhar number enabled. Some are Sakala online service for Khata transfer, BBMP Property tax application, and Kaveri Online service for encumbrance certificate extract. To answer your question, you can proceed with e-signature with a unique identification number. Below image in circle for your reference, Some of below applications provide e-signature se

How do I get a family tree certificate in Karnataka?

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  Here is the step by step procedure to obtain a family tree certificate in Karnataka Prepare the draft in word format. A draft looks like a below image 2. Buy Rs.100 e-stamp paper from nearest co-operative bank, register office, or court. 3. Print the draft on e-stamp paper. 4. Meet the notary public near you. Carry the following documents for notary verification Death certificate of deceased Relationship proof of family members (An Aadhar or passport) 5. Notary reads the printed Affidavit/certificate and cross verity the proofs. 6. You as a deponent should sign the Affidavit/certificate in front of a notary public. A notary public will seal, attest, sign, and make an entry in a notary book This completes the execution of family tree certificate. A family tree certificate looks like below image. We provide the service of obtaining a family tree certificate in Karnataka. To opt for our service, please write to us pgnproperties@gmail.com or Whatsapp +91–9742479020. Thank you for reading

What are some points to remember while drafting a rental agreement?

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  Here are the few points to remember while drafting a rental agreement. Rental agreement made and execution date Landlord’s name, age, residential address and pan number Tenant’s name, age, permanent residential and pan number Complete address of rental premise address Rental duration or rental cycle Year on year rent appreciation value or percentage Rent commencement date Monthly rent Monthly maintenance cost Refundable security deposit Any other additional cost like electricity, water, gas, parking charge etc.. Bank account to transfer monthly rent Date of rent payment Is sub-letting or re-letting allowed or only for said tenant possession Purpose of accommodation (Residental or commercial) Renovation cost (Painting & cleaning) Responsibility for damages & repairs Rules & regulation of owner’s association, society or maintenance office Details of periodic property inspection What if rent is not paid on time? Maybe penalty or late payment fee? Taxation Notice period Compl

What is the time limit for power of attorney for property document?

  The time limit should be specified in “Power of attorney” itself. Generally time limit is as below Till the purpose of POA is accomplished. ( Till Transaction & sale deed signing) Validity of 1 month, 6 months or 1 year specified in POA Till the life of an executant or attorney. Even after the executant’s death. In Bangalore, we provide POA drafting, execution, and registration.To opt for our service, please write to us pgnproperties@gmail.com or Whatsapp to +91–9742479020. Thank you for reading…

What are the documents needed to buy a land in Bangalore?

  To buy land in Bangalore, It’s very important to verify the documents. Verification doesn’t cost us much and saves us from land scam in Bangalore. Below is the list of documents to be collected from seller and verified before we approach to book. Mother deed Sale deed RTC Latest Encumbrance certificate (EC) Latest Taxpaid receipt Khata certificate & extract Layout plan Development authority approval ( BDA / BIAPPA approval) No objection certificate from Bank if seller bought the land on loan No objection certificate from society, association or maintenance Seller’s Aadhar Seller’s PAN Family tree certificate Buying a land in Bangalore is critical and expensive. If you get a good offer, I mean cheap price, this is the sign that you should step back, check the documents, and move forward. Make sure that land doesn’t come under lake, BDA property, railway track, sewage line, graveyard, close to STP, garbage dumping spot, hard size & structure. All the best for your purchase. We

Is it necessary to hire a legal advocate to prepare sale agreement for property in Bangalore?

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  Yes, it is absolutely necessary to hire an advocate to prepare sale agreement. An advocate verify following documents before drafting your sale agreement. An absolute sale deed of seller Encumbrance certificate Latest tax paid receipt Khata certificate & extract Occupation certifcate RTC extract Layout approval No objection certificate And many more documents, pertaining to the factor of property like flat, land, independent building, commercial property, BBMP limited, panchayat limit, etc.. Based on the above documents and factors, a sale agreement is carefully drafted. Generally, a sale agreement includes the following details, Date on which sale agreement is being executed Name, Father/Husband’s name, age, Address and PAN card details of the vendor(s) and Purchaser(s) Schedule of the property Title flow of the property Total sale consideration i.e. total sale value Mode of payment & Transaction numbers Vendor obligations and declarations Indemnification of vendor Non-solic

How do I know about the last owner of my land?

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  History of ownership available in encumbrance certificate. Popularly know as EC. The below EC image for your reference. In the image, we circle the previous owner and present owner of property. In Karnataka, download encumbrance certificate from Kaveri online service or apply at your nearest sub-register office. Property registered before 2004, need to obtain EC only at the respect sub-register office where the property was registered. No option to download EC online. One can obtain the EC for last 30 years, It means, EC shows the history of transaction & ownership for last 30 years. In Bangalore, we provide the service of extracting EC. To opt for our service, please write to us pgnproperties@gmail.com or Whatsapp to +91–9742479020. PGN Property management, Bangalore. Thank you for reading…