EC Correction


An Encumbrance Certificate, often abbreviated as EC, is a vital legal document that provides a comprehensive record of any encumbrances or liabilities associated with a specific property. Real estate transactions are made more transparent by its concrete proof of the property’s ownership history and financial standing. This document is typically issued by the government authorities responsible for maintaining land records, such as the sub-registrar’s office or land revenue department, and is crucial for property buyers, sellers, and lenders alike.

The primary purpose of an Encumbrance Certificate is to verify whether a property is free from any legal or financial burdens that could impede its transfer or use. It contains details of transactions, such as sale deeds, mortgages, leases, and court orders, leases, and court decisions. Stakeholders can determine the ownership history of the property and any liens by looking through this certificate.

 

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