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As a seller, should i provide xerox copy of property documents to seller's bank for application of loan for bank to verify the documents?
As a seller, should i provide xerox copy of property documents to seller's bank for application of loan for bank to verify the documents?
PGN Property, Real Estate & Documentation Consultant with 21+ years of experience
Answered on July 31,2023
Answered on July 31,2023
Yes, Bank verifies the original documents and demands photocopy or soft copy of the following documents
- Parent deed
- sale deed
- Encumbrance certificate till date
- Current year property tax receipt
- ID proof
Seller should provide the above documents to process buyer's home loan
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