Deliverables

When do you need an EC? When withdrawing PF to buy property When applying for a home loan When selling property When buying property What details are mentioned in EC? An encumbrance certificate includes all the necessary details of the property, its owner, mortgages, transfer of ownership, and more. Why do you need a CC? CC is required while selling the property It helps to prevent legal procedures, such as evictions, that municipal authorities can proceed against you It provides a sense of security that the building has been built in line with the approved plan CC forms a prerequisite for getting an OC Occupancy Certificate (OC) Once a completion certificate is obtained, the local municipal authorities issue an occupancy certificate to certify that the building is safe for habitation by the residents. Why do you need an OC? OC ensures that the building has satisfied all the local laws and building norms, and is safe to occupy. If there is no occupancy certificate, the building can be demolished anytime, considering it to be an unauthorized structure, It serves as the final pass certificate of a building or a project It is necessary to have an OC at the time of resale of the flat.