Possession Certificate: A possession Certificate is an official document given to a person having possession of a property. It is a document that transfers the ownership of a property such as a house or land or any commercial property from one person to another. Everything related to property such as investment and interest is transferred to the person. The possession is given based on the payment of some specific amount by the buyer.
A possession letter is usually issued by a Tehsildar (in rural areas) and Revenue Divisional Officer (RDO) in urban areas.
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The posession certificate declares that the owner of the property has kept it lawfully without any illegal means. If a person claims property to be his/her own, then he/she should have a certificate as proof that shows the possession right. This certificate is an important document to be shown when dealing with a particular property.
Possession Certificate Validity: The validity of possession certificates varies with different states. Therefore, the owner of the property has to get the certificate as per the state government norms. Let us see here the related details.
Possession Certificate Application Form
A possession certificate has to be published by the buyer of the property as per the state government regulations. The certificate should specify a shift in possession. The document should clearly mention that the possession has been shifted to the buyer by all the laws, assuring the buyer has all the right on the interest of the property.
The possession certificate should be signed by both the parties, the seller and the buyer. The signature from the seller will approve that the property does not lie with him anymore and the ownership of the property has been transferred to the buyer with all legal rights.
The certificate should also have the details related to property such as parking area, garage space, fencing, etc., which covers the agreement of the property. Most importantly it should specify the date of possession.
Steps To Apply for House Possession Certificate Format
Follow the below steps to apply for a possession certificate:
- Get the application form from the nearest Anchaladhikari office.
- You can also download the application form from the official website of the respective state: Revenue and Land Reforms.
- Fill in the complete details as mentioned in the application
- Attach the necessary documents and submit the form to the respective office
- After submission of the application form, the candidate will receive the acknowledgment slip with the application number. Keep this receipt for future use.
Documents Required for Possession Certificate
Here is the list of necessary documents that are required to apply for a possession certificate.
- ID proof
- Aadhaar card
- A copy of the registered lease and sale deed agreement
- Proof of Identity or Ration card
- A copy of the encumbrance certificate
Possession Certificate Format
A format of Possession certificate includes the following details:
- Name of the seller and buyer of the property
- Name of Father/Husband of seller and buyer
- City of residence of seller and buyer
- Plot number
- Total area in square yards
- Place of property
- Name of property
- Name and Signature of two witnesses
- Signature of two parties
Rights Under Possession Certificate
The rights given to the buyer of the property as per the respective state government rules are given below:
- Buyer has complete rights after taking possession
- The buyer can decide to do anything with the property under the government rules
- He/She can manage and sell the property subject to the agreement with law and by-laws of the firm
- It certifies that the buyer is the official owner of the property and interest of the property is owned by the buyer now
- The buyer has the ownership to put the property for resale
- The buyer has the right to get any advantage of change or improvement in the property.
- He/She can put the property for rent and gain from it on a monthly or yearly basis
- He/She can give the property for lease
FAQ’s on Possession Certificate
Question 1.
What is a possession certificate?
Answer:
A possession Certificate is an official document given to a person having possession of a property. It is a document that transfers the ownership of a property such as a house or land or any commercial property from one person to another. Everything related to property such as investment and interest is transferred to the person.
Question 2.
Who issues the possession certificate?
Answer:
A possession letter is usually issued by a Tehsildar (in rural areas) and Revenue Divisional Officer (RDO) in urban areas.
Question 3.
What documents are required to get a possession certificate?
Answer:
Aadhaar card, A copy of registered lease and sale deed agreement, Proof of Identity or Ration card and A copy of encumbrance certificate
Question 4.
What are rights covered under the possession certificate?
Answer:
A Buyer can:
- Decide to do anything with the property under the government rules,
- Manage and sell the property subject to the agreement with law and by-laws of the firm
- Get the interest related to the property
- Sell or put the property for rent or lease
- Get the advantage related to change or improvement in property