Karaataka and Banglore EC certificate details
Karntaka Encumbrance certificate
Encumbrance Certificate is a record showing registered transactions pertaining to a property. If mortgage, sale or any other deeds in respect of a property are registered, encumbrance certificate is issued Form No.15.
Fees:
a. Application fee Rs.5
b. Rs.30 for search of first year and Rs.10 for every subsequent year. Example: To obtain Encumbrance Certificate for 13 years. Application fee Rs.5-00 plus first year Rs.30-00 plus 12 years Rs.120-00 and total Rs.155-00.
For more details visit the below official site for latest fees and other details:
Encumbrance Certificate is useful for
•Anyone buying new property can go and verify the current owners of the property that is shown on this certificate in the column Name of PartiesExecutant(EX)&Claimants(CL) with the copy of the registration documents given for verification. That way you can make sure that you are buying the property from someone who is genuine.
•For those that already own property you can make sure that the right people are appearing in the column Name of PartiesExecutant(EX)&Claimants(CL) as the current owners of the property.