Property Report: A Complete Checklist
A Property Report in real estate provides a detailed analysis of key factors such as title verification, encumbrance check, and litigation check. It is especially valuable for NRI real estate transactions and buyers looking into purchasing property from NRIs, ensuring transparency and security in property dealings.
List of checks done in a Property Report:
- Property title search from the Government records.
- A thorough analysis of all the property documents.
- Analysis of any pending financial liabilities or loans.
Also Read: When does an NRI require a property report?