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Property Document Verification & Legal Opinion
There are different types of Titles Deeds in Kashmir. Sale Deed, Partition Deed, Settlement Deed, Relinquishment Deeds, Gift Deed, Different Types of Ancient Mortgage Deeds,Revenue Records etc . are some of them. It may be written in either Urdu Or Farsi. The prior documents may be more complicated as most of them may relate back to pre-independent era. J&K is unique state having its own Transfer of Property Act. Thorough knowledge of the documentation systems of pre-independent period is highly necessary to conduct a proper property Document Verification.
Because of the strong agrarian & Land reforms in the state of J&K, the compatibility of the documents with respect to various land laws, ceilings, land utilization, etc are very important. Our Document Verification process is thorough and comprehensive so as to ensure that your property title is 100% enforceable.
Investors are not aware how to co-relate the
- Title Deeds
- Prior Deeds
- Non Encumbrance Certificates
- Basic Revenue Extracts
- Possession Certificates
- Location Sketches
- Land Survey Records
- Old Survey Sketches
- Resurvey Sketches
in a real estate transaction. All of the above are highly inter related and concurrence of the data and details in each document is highly necessary to make the title of a property defect free and thus marketable. Even if you are availing legal services from another provider than us, please be assured that all the above documents will be thoroughly checked and verified by us in the Document Verification Process.
In a Real Estate Transaction it is highly necessary to verify the admissibility, validity and legal implication of the property documents. It is one of our specialized services that we investigate and verify all the documents related to any real estate transaction. With due respect to the existing real estate practices and the business counterparts of our clients, we take an advanced caution on your behalf, to have a thorough verification of all the documents through our strict document verification methodology.
Banks Rely upon the legal opinion for accepting the properties as mortgage/ security for loans.
In the present real estate business transactions, a comprehensive Due Diligence tool is highly essential which covers all the possible areas of anticipated liabilities. In the given socio, political, economic environment like J&K, it is highly essential to do a comprehensive and highly professional legal due diligence over a real estate investment/acquisition proposal, to make sure that you are safe.
There had been several instances in the recent past where the investors had to pay high cost in terms of their revenue as well as reputation for their real estate commercial decision without a proper Due Diligence on the compliance matters.
Sheikh Law Associates understands your requirement for the comprehensive Due Diligence package varying from legal, regulatory, technical and up to environmental. We understand the shortfalls in the present Due Diligence procedure being conducted in the industry and have taken strict and novel steps to ensure concerned partner involvement in crucial document verification, final analysis of data and preparation of delivery of final inference for you.
For Sheikh Law Associates, due diligence is not merely 'maximum data collection', but it is the best and elaborated commercial-legal analysis, in order to structure the transaction with all foreseeable risks, and to prevent any potential harm. We always make sure that the end product of the Due Diligence should be clarity in decision and transparency in transaction rather than creating confusion or ambiguity.
Thus always insist for a comprehensive Legal Due Diligence Report before arriving at a final decision in your next real estate transaction.
