The encumbrance certificate (EC) is essential to purchase a property. In short, it is called as the EC. This document confirms the legality of the possession of the property. This document establishes that the property in question is not locked in any disputes. In this backdrop, in every transaction involving property, the EC is highly essential. The EC documents all transactions carried out on the property. It clearly indicates whether the property in question is mortgaged or whether loan is secured pledging the property or not. Buying a house is an important investment decision. That is why, before buying the property the clients should verify the EC. Obtaining the EC would indicate that the purchaser of the property is free from any encumbrances – like loans or leases – on the property.
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