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Page Contents [hide]
- What is a No Objection Certificate (NOC) Certificate?
- No Objection Certificate For Property/Building Construction
- No Objection Certificate (NOC) For Property Transfer
- NOC Format for the Property Transfer
- No Objection Certificate (NOC) From Legal Heirs For Transfer of Property.
- No Objection Certificate (NOC) From Legal Heirs For Transfer of Property format.
- No Objection Certificate NOC As Per RERA
- NOC For Renting The Property
- NOC Format for Renting the Property
- No Objection Certificates NOC From Bank
- FAQs
What is a No Objection Certificate (NOC) Certificate?
The No-Objection Certificate for a property is a legal document issued by an authority, a bank, or by an individual indicating property-related clearance.
The NOC is given by any authority, organization, or individual to clarify that there are no legal hassles in the property-related transactions.
Therefore, while buying, renting or transferring property ownership, NOC becomes one of the crucial documents to obtain.
You need a NOC certificate for the following property-related transactions –
- NOC For Buying a Property – Check the NOCs from the developer for the legal construction.
- NOC For Renting/Leasing Property – To ensure the willingness of the landlord to allow using the property and the premises.
- NOC For Transferring The Property Ownership – To register the property at the sub-registrar office, you need NOC from the local authority.
- NOC For Transferring The Property Ownership From Legal Heirs – NOC to get the property rights from the other property or co-owners.
- NOC For Full Repayment of Home Loan – Once you fully pay the home loan amount, you get the NOC from the bank showing the loan clearance.
No Objection Certificate For Property/Building Construction
The developers have to get permission from the various government authorities for the construction of the building.
Only after the authorised NOCs from the respective departments, the developers can proceed with the construction.
The property buyers must duly check all the NOCs from the developer to ensure that the building construction is legal and authorised.
Why NOC Is Important For Building Construction?
- Protection From Legal Issues and Losses
- To obtain other construction licenses & approvals
- An authorised proof of clearance from the government authorities
- To avoid legal construction penalties in the future
Here is the list of important documents required for the Building Construction NOC
- Building Layout
- Construction Plan
- The Site Plan
- Building Safety Certificates
- Construction Blue Print
- Developer Details
Building construction without NOCs from the various authorities can lead to significant monetary losses in the future.
Note:
Homebazaar serves homebuyers searching for flats in Mumbai with end-to-end services like site visits, and lower-interest home loans to property registration guidance. We provide the best price options & offers for 1 to 4 BHK RERA-registered flats, villas & penthouse properties in Mumbai. To begin a smooth homebuying journey with us, fill out the form mentioned below or on the right side.
No Objection Certificate (NOC) For Property Transfer
When you buy or sell property, the property ownership gets changed.
This change in property owners needs to be reflected in the government records. Therefore, it is mandatory to register the property transaction at the sub-registrar office.
For this registration process, you need to have the NOC from the deputy commissioner.
Only after the authorised NOC, you can register the change in property rights in government records.
Important Documents Required For The NOC For Property Transfer
- Identification Proof
- PAN Card
- Revenue Receipt
- NOC Draft
- Non-Judicial Stamp Paper
- Occupancy Certificate
NOC Format for the Property Transfer
No Objection Certificate (NOC) From Legal Heirs For Transfer of Property.
Legal heirs should know the significance of NOC from Legal Heirs for the transfer of property.
The property rights can be transferred from the individual in whose name the property was registered by his/her will or by a direct succession.
If the other legal heirs want to transfer the property rights to any one or more heirs, the NOC needs to be signed by them.
Another option to transfer the property right among the property co-owners is by signing the Release Deed.
Read More about Release Deed
No Objection Certificate (NOC) From Legal Heirs For Transfer of Property format.
No Objection Certificate NOC As Per RERA
RERA has made NOC mandatory when the developers want to transfer the real estate project liabilities to a third party.
According to section 15 of THE REAL ESTATE (REGULATION AND DEVELOPMENT) ACT, 2016, the developer must have the consent of ⅔ rd of the members in the form of authorised NOC.
RERA also issues a NOC to the developer once the allottees complete the formalities from their side.
NOC For Renting The Property
The NOC from the landlord is necessary when you rent the property.
In this NOC, the landlord states that he is willing to give his property or premise to the tenant.
It ensures that the landlord does not take any objections to the use of the property or the premise later.
NOC Format for Renting the Property
Important details to be included in NOC by the landlord.
- Name of the property owner
- Address of the property
- Terms and conditions
- Contact details
- Signatures
No Objection Certificates NOC From Bank
The banks or the financial institutions give the No objection certificate when you fully repay the home loan amount.
The NO objection certificate from the bank also states that there is no monetary liability on the property and further property transactions can be done.
Also, at the time of the home loan application, Banks or the financial institution duly check the loans/mortgages on the developer. In such cases, the No objection certificate is important from the developer stating that there are no monetary liabilities.
FAQs
| Is NOC from society compulsory for selling flats?
No. NOC from society is not mandatory for selling flats. This means, that there is no permission required from society for selling or renting a home. |
| What is NOC Certificate for property transfer?
To register the change of property ownership, a NOC certificate is required from the deputy commissioner. |
| What is the NOC certificate for Home Loan?
Once you fully repay your loan amount, banks or financial institutions give NOC certifying stating that there are no outstanding dues on the property. |
| Why Checking NOCs from Developers is important?
For constructing the residential building, developers need to take NOCs from the various government authorities. Checking these NOCs from developers ensures that the building construction is legal. |
| Why is it important to have NOC from the Landlord while renting a property?
Getting the NOC signed from the Landlord ensures that he is willing to give his property or premise for use. |
| When is NOC required according to the RERA Act?
As per section 15 of the RERA Act, the developer needs to have the NOCs from 2/3rd of allottees before transferring the liabilities to the third party. |
