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What is meant by Encumbrance Certificate in Bangalore?
asked Oct 2, 2017 in Legal Matters by Mukesh (21 points) | 94 views

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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, the Encumbrance Certificate is issued Form No.15.
If no deeds of transactions are registered in respect of a property a Nil encumbrance certificate is issued in Form No.16. If Certificate is issued in this form, it means that there are no registered transactions / liabilities on the property for a given period of time
answered Oct 2, 2017 by Krishna Murthy (81 points)
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