A possession certificate, often referred to as a possession letter, is one of the most crucial documents that a property seller offers to a buyer. It is typically administered by a Tehsildar in rural regions and a Revenue Divisional Officer (RDO) in urban areas. This certificate can be used to acquire a house loan from a financial institution.
A possession certificate provides documentation that the ownership interest in the property has been transferred legally. To prove that you are a legal owner of the property, you must obtain an occupancy certificate.
It is provided by the local authorities and states that the property was built in accordance with local legislation and is complete according to the approved plan. The certificate proves that the property is ready for use. It is a required document that confirms your ownership of the property. If you do not obtain the certificate, local authorities may declare the property illegal.
Possession Certificate in Karnataka
Possession certificate in Karnataka is issued by the Bangalore Development Authority. It is one of the most important documents that the buyer gives to the seller stating the date pf property possession. The certificate is also used to include the concerned property in the land revenue records.
Difference Between Occupancy Certificate and Possession
A possession letter does not transfer legal ownership of the property to the buyer. To do so, he or she must obtain an occupancy certificate, which grants him or her not only the rights to the property but also access to the civic amenities provided by the complex.
The possession letter also specifies the time frame within which the owner must make the final payment and take possession of the property. To secure a house loan, the original copy of the possession letter must be supplied.
An occupancy certificate, on the other hand, is provided by local authorities to indicate that a project has been completed and that the building is ready for habitation. It also specifies that the property was constructed in accordance with all applicable bylaws and guidelines. The certificate also grants homeowners ownership of the property.
Documents Required
- Sale deed agreement copy
- Registered sale agreement copy
- Applicants identity and signature proof
- Certificate of encumbrance (Form 15)
Steps to Apply for Possession Certificate in Karnataka
Step 1: Visit the website Sakala Karnataka Official Site
Step 2: Click on the “Sakala Online Services” tab.
Step 3: Click on the “Bangalore Development Authority” tab.
Step 4: Alternatively, you can also visit the Bengaluru Development Authority website and go to “Services Under Sakala” section.
Step 5: Click on “Apply Online Possession Certificate Under SAKALA” as highlighted in the picture above.
Step 6: You will be redirected to “Seva Sindhu” portal (https://sevasindhu.karnataka.gov.in).
Step 7: Again, click on the “Bangalore Development Authority” tab and proceed to click on “Application for Possession Certificate for Sites” or “Application for Possession Certificate for Flats”.
Step 8: Upon clicking, you will be able to check your eligibility and the documents required.
Step 9: Click “Apply Online”. You will be asked to key in your registered mobile number and then click “Get OTP”. You will get a one-time password. Enter the OTP along with the captcha code and hit the “Submit” button.
Step 10: You will also be required to upload all the mandatory documents. Upon completion of the process, your possession certificate will be issued.
Offline Procedure
To apply offline, submit the application for possession certificate along with all the necessary documents to the concerned officer at the Deputy Secretary’s Office. Ensure to get a note of acknowledgement. You won’t be charged any fee for the application. It will take a maximum of 7 working days to process the application. You will then receive a notification to collect the possession certificate. You will be required to sign in a register as an acknowledgment of receiving the certificate.
FAQs
What do you mean by possession certificate?
Bangalore Development Authority (BDA) issues a possession certificate in Karnataka. It is one of the most significant documents that the buyer presents to the seller, and it specifies the date on which the buyer will take possession of the property. The certificate is also used to register the property in the land revenue system.
What is an EC certificate?
EC certificate or an encumbrance certificate is a certificate of assurance that the property in question is free of any legal or monetary liability, such as a mortgage or an uncleared loan.