To check the mortgage on property, Check the ENCUMBRANCE CERTIFICATE (EC). Loan details are reflected in the Encumbrance certificate of the property
For example: I have taken a home loan from Corporation Bank and encircled the bank details in my encumbrance certificate (EC) below.
NOTE:
- Loan details are reflected in EC if the MODT is registered in registrar’s office.
- Some banks and private lenders don’t register the MODT and they collect the title document from borrower, title document includes Registered Deed.
To check the loan on the property:
- 1st check the EC
- 2nd ask the property owner to show the original Registered Deed.
In Karnataka, extract the encumbrance certificate online on Kaveri Online Service https://kaveri.karnataka.gov.in/landing-page
In Karnataka, we provide assistance to extract FORM 15 EC for property verification. To opt for our service, please write to us pgnproperties@gmail.com or Whatsapp to + 9 1 – 97424 79020.
Thank you for reading…