What If You Lose Your Original Property Papers?

Registering from a notary is must!

The owner can also apply for a duplicate share certificate from the housing society depending on the police complaint. The housing society can put up the share certificate application on their society meeting and if it gets the green nod then the society will issue a certificate copy after charging a certain amount. Another important document which both the owner and the buyer need to have is the NOC, i.e., no objection certificate. Without this certificate, it will be very difficult to obtain a loan from any lender.

The next procedure which the owner has to do is to get an undertaking on a stamp paper, affirming on the loss of the original documents. "The undertaking should outline the details of the property, the text of advertisement published in the newspaper, and the police complaint number. It should also clearly state that all the details declared in the undertaking are true," added Goenka. Then the document needs to be registered, attested and notarized with an attorney.

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