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Sep 24, 2022

Property Encroachment and Precautions to Prevent it!

  • Monitor service
  • Real Estate

With property prices on the rise , most people who would like to have a house of their own interests would prefer to invest in land plots as they are much more affordable than residential apartments. Investors also look for land as an investment especially because of their capital appreciation. With farmhouse culture being the new trend in luxury, investors are looking for locations to invest that are far away from the hustle and bustle of the city life. The primary factor that holds back an individual in investing on land today is the issue of encroachment. In some cases, there are multiple individuals claiming ownership of a single plot. An investor must essentially follow a series of checks before investing in any land. These checks are very much recommended to avoid any legal battles later, especially when the investments are elsewhere from your homes. Legal advice Legal advice is imperative before buying any land to check if the land is free from all encumbrances and to check if the documents provided belong to the actual owner. Many states provide Encumbrance certificate online. So verify and try to get encumbrance certificate for the property. Revenue Records Mutation Legal experts also suggest checking if all the revenue record mutations are done in favour of the investor. When the property is sold, the title ownership should change from one person to another. This procedure involves property transfer and registration. The rules and fees vary from state to state. Registration Once the property is acquired, registration with the local association of the society will help build relationships with local members that will assist in case of any disputes in the future. Fencing Fencing the property is always considered safe to avoid any physical encroachment that can be done intentionally or unintentionally by neighbours or by any outsiders. Periodic Visits If the property lies in the outskirts or if the investment is in another city, periodical visits to the property will let you safeguard it and will also keep you aware of any upcoming developments in the area. Hiring these service providers will cost a fee, but this is highly recommended to keep your property safe, secure and to have peace of mind. AcreWatch provides land monitoring service with periodic visits in Andhra Pradesh and Telangana and to know more about the service, visit https://acrewatch.com/monitor-service/.

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