DOCUMENTATION OF PROPERTY
Documentation or Dastaviz:
DOCUMENTATION OF PROPERTY & LIST OF IMPORTANT PROPERTY TITLE DOCUMENTS IN PAKISTAN FOR INFORMATION
This is the list of important documents i.e., Documentation titles:
- Sale Deed or Conveyance Deed
- Mother Deed (Main Title Document)
- Approved Plan of the Property (Approval Plan)
- Bank Approval Certificate
- Encumbrance Certificate
- Power of Attorney
- Property Tax Receipts: for examples: Capital Gains Tax (CGT), Capital Value Tax (CVT), Stamp Duty, Withholding Tax other name is Advance Tax are the types of property taxes
- Completion Certificate from Competent Authority
Deeds:
A deed is a legal document that includes a record of ownership transfers of real property. Deeds are necessary documents for any real estate transaction, as the legal status of the property in question must be accurately determined before any sale or transfer of ownership may take place. Deeds in titles also include any information a purchaser or buyer would wish to know about a piece or share of the property before purchasing it, like any encumbrances or similar concerns. In other words, the party in possession of a deed and transferring it is called the “grantor” and the party receiving ownership is called a “grantee.”
Title Deed/Main Deed or Mother Deed:
In the world of real estate i.e., land, tracing the ownership of a property is very important, especially when you are purchasing or selling it. Title Deed or Mother deed is a legal document that gives you an entire history of property transaction and list of the owners’ name, since ownership changes on every occasion when the property being purchased or sold. his document will facilitate you identify the first owner of the property that you simply are buying.
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