Many times, it has been observed that when taking a loan on a property, banks often demand connecting documents that are very important. Now, what are these connecting documents? No worries, if you follow Amit Raut from 11 Square Feet, you will gain all the knowledge related to property.
Connecting Documents: Connecting documents essentially form a chain that reveals the history of the property you have purchased. For example, documents preceding your Sale Deed, like the previous Sale Deeds, and records before the Sale Deed, such as land history.
It has been noted that some banks only look at the copies of the last three Sale Deeds or examine records up to 15 years. Each bank may have its own approach. Therefore, whenever you buy a property, make sure to check all the connecting documents of the property. Only then should you finalize any property.
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