Generally Encumbrance means monetary and legal liabilities associated with it. Certificate of Encumbrance acts as a proof of legal ownership of a property. Encumbrance Certificate tells the transactions of records of a property and explains whether they had any claims. If a property has no legal claims against its title, then a property owner receives a non encumbrance certificate. Generally, banks also demand for encumbrance certificate if you apply for a home loan. Now we know better why do we need it. You can see the format of Encumbrance certificate containing seven fields. We will be discussing each of them in detail.
Read moreFor Non-Resident Indians (NRIs), managing their educational and professional goals from abroad involves navigating a series of logistical challenges. One of the most critical aspects in this journey is obtaining university transcripts—official records of academic performance that are essential for further education,
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