TENTATIVE DUE DILIGENCE CHECKLIST FOR URBAN PROPERTY
S.no Particulars Tick
.
Title Status
1. Chain of title documents including sale deeds, wills, receipts,
collaboration deed, family settlements, partition deeds,
relinquishment deeds, special power of attorney, general power of
attorney etc.
2. Verification of documents in (1.) at the Sub-Registrar office with
regard to registered documents and instruments of title.
3. Obtainment of certified copies of title, as applicable from the Sub-
Registrar Office
4. Citing of Original documents to preclude creation of any mortgage
created by deposit of title deeds.
5. Ancillary and incidental documents of the Property
Encumbrance Status
6. Encumbrances search to be carried out at Sub Registrar’s Office-
Register of records is to be inspected.
7. Certificate under Section 281 of Income Tax Act, 1961.
8. Issuance of notices in a National and Daily Newspaper
Mortgage Status
9. If equitable, review of Notice of Entry
10. If simple/ English- Registered document
11.
Building Status
12. Sanctioned Building Plans
13. Sanctioned Layout Plans
14. Permissive Use
15. Completion and Occupancy Certificate (Original)
16. Obtainment of Key Clearances if Completion and Occupancy
certificates are not available
17. Zonal Plans
18. Permitted activity as per the master plan.
19. Certificate assuring payment of property tax
Utilities Status
Electricity dues
Water dues
Lift dues
Any other utility dues
Tax Status
Property tax
Land Revenue & fiscal taxes
Ascertainment of Land Acquisition
Land Revenue Records
Land Acquisition Department
Estate Planning Department
Restrictive Factors: -
Archeological Survey of India Regulations and approvals
Forest/ Aravali Regulations
River Bed
Zoning
Litigation Status
TENTATIVE DUE DILIGENCE CHECKLIST FOR RURAL PROPERTY
S.no Particulars Tick
.
Title Status
1. Chain of title documents including sale deeds, wills, receipts,
collaboration deed, family settlements, partition deeds,
relinquishment deeds, special power of attorney, general power of
attorney etc.
2. Verification of documents in (1.) at the Sub-Registrar office with
regard to registered documents and instruments of title.
3. Obtainment of certified copies of title, as applicable from the Sub-
Registrar Office
4. Citing of Original documents to preclude creation of any mortgage
created by deposit of title deeds.
5. Ancillary and incidental documents of the Property
Encumbrance Status
6. Encumbrances search to be carried out at Sub Registrar’s Office,
wherein the following will be inspected: -
a. Register of Records
b. Jamabandi
c. Mutation
d. Crop Register
7. Certificate under Section 281 of Income Tax Act, 1961.
8. Issuance of notices in a National and Daily Newspaper
Mortgage Status
9. If equitable, review of Memorandum of Entry
10. If simple/ English- Registered document
11. In case of Company, records of Registrar of Companies to be
checked
12. In case of Partnership etc. _______________________________
Building Status
13. Sanctioned Building Plans
14. Sanctioned Layout Plans
15. Permissive Use
16. Completion and Occupancy Certificate (Original)
17. Obtainment of Key Clearances if Completion and Occupancy
certificates are not available
18. Zonal Plans
19. Permitted activity as per the master plan.
20. Certificate assuring payment of property tax
Utilities Status
Electricity dues
Water dues
Lift dues
Any other utility dues
Tax Status
Property tax
Land Revenue and Fiscal taxes
Ascertainment of Land Acquisition
Land Revenue Records
Land Acquisition Department
Estate Planning Department
Land Use Conversion Status
No objection Certificate from Land Revenue
CLU status
Land Sale Permissions
Local Panchayat
Land Revenue Department
DISCLOSURES TO BE TAKEN FROM OPPOSITE PARTY
S.No Particulars Tick
.
1. Is there any litigation or prosecution by any authority including the
municipal authority
2. Are there any litigation pertaining to title and others
3. Whether the property is in form of any attachment or injuction
from any court, income tax authority, CBI, ED or in any other
investigation
4. Whether any notices or demand has been received in respect of
property
5. Whether any notices or prosecution has been issued or initiated by
Forest Department, Archeological Survey of India
6. Any notice of Land Requisition and Acquisition from any such
authority?
