The basic idea behind taking the necessary approvals while selling a plot is to ensure that the property is legally and physically suitable for transfer of ownership and use. The approvals are meant to protect both the buyer and the seller, and to ensure that the transaction is conducted in accordance with the laws and regulations of the area.
Title clearance is a crucial approval that establishes the legal ownership and transfer of the property. The seller must provide documentation that proves clear title to the property and that there are no encumbrances or disputes on the property.
Zoning and building approvals ensure that the property is suitable for the intended use, such as residential, commercial, or industrial. The local zoning authorities will review the property and may require certain modifications or restrictions before granting approval.
Environmental approvals are necessary to ensure that the property is not contaminated or otherwise harmful to the environment or public health. This may involve assessments, reports, or testing to identify any potential hazards or issues that must be addressed.
In summary, obtaining the necessary approvals while selling a plot is an important step to ensure a smooth and legal transaction, protect the buyer and seller’s interests, and ensure that the property is suitable for transfer of ownership and use.
