Planning to a buy a plot? Then you need to know about satbara utara 7/12 extract.

By Abhay Harish Shah, Realty Quarter

There are so many rules and regulations which helps an individual with buying a flat or an apartment. But what if you want to purchase a plot? Buying a plot can be risky at some time, as an individual might not have current knowledge about the past owners of the plot. In this case, the “7/12” which is also known as “Satbara Utara” is a very important document.

Each district in Maharashtra has a property register which includes land details. The 7/12 is a quote from such a register which contains information of a specific plot. The Revenue agency, through tahsildar, is issuing a 7/12 document consisting of information such as plot property, occupancy, land plot liabilities, study numbers, property dates, etc. The excerpt from 7/12 demonstrates the shape amount of the town. The number 7 reflects Form VII containing information and freedoms of holders, while Form 12 (XII) includes information of the land’s economic characteristics. Form VII contains data such as the records of assets, details of the occupants, property, data of the owner, the income of the owners, and other property associated details. Form XII includes information concerning plants, crop types and region.

The 7/12 Extract does not prove ownership of the property but is only a record for the determination of income liability. On the basis of a 7/12 extract, one cannot transfer the title of the property.

An excerpt from 7/12 shows the background of property possession, so it is useful to check previous property dispute and determine laws that might affect the property. Since it includes the land uses to record, an excerpt of 7/12 can assist to determine whether the plot has been used to farm and what kind of plant has been cultivated.

One can get the 7/12 extract easily he/she just need to apply at local tahsildar, which should contain the available description of the land and the purpose of seeking the extract. Government of Maharashtra’s website also contains an application for 7/12 extract. If you can provide the right information, you can readily obtain the 7/12 file. You may have to choose a physical template of the request when you are unable to locate information online.

If you are interested in buying a plot, the 7/12 extract is one of the most important documents which can clear your doubts about the land history and the following step to conclude the agreement. But future buyers should remember that 7/12, as a record containing information on tax and possession cannot be used to pass the ownership/title of the property to another person.

Benefits of 7/12 or Satbara Utara extract:

1) It includes information which shows whether the plot you want to buy has an entry route that can be used regularly.

2) It can be used in civil law litigation.

3) Its one of the significant papers that banks ask for if you intend to levy a loan against such property.

4) It functions as a legal paper. So if you have purchased a property, you have transmitted the documents in your name and that is indicated in the 7/12 extract.

5) It includes data on property distribution, legal conflicts, credit details, etc.