What 7/12 Extract Document? Why you should know about it?
Why property buyers should know 7/12 Extract Document before buying a property
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In India, the 7/12 extract is an important land revenue document that is also known as the "Satbara" or "Record of Rights." It primarily serves as a land ownership and land record document for agricultural land. The 7/12 extract contains crucial information about a specific piece of agricultural land and its ownership details. Here are some key details typically found in a 7/12 extract:
Land Ownership: It identifies the current owner or owners of the land.
Land Classification: The document classifies the land based on its agricultural or non-agricultural status.
Survey Number: Each piece of land is assigned a unique survey number for identification purposes.
Area of Land: The extract provides information about the total area of the land, including details of cultivable and non-cultivable land.
Type of Crops: It may contain information about the type of crops grown on the land.
Land Usage: This section indicates whether the land is irrigated or rain-fed and the source of irrigation.
Liabilities and Encumbrances: Any pending land revenue payments or encumbrances on the land are usually mentioned.
The 7/12 extract is an important document when it comes to verifying land ownership and land-related transactions, especially in rural and agricultural areas of India. It is often required during property transactions, loan applications, and for resolving land-related disputes. Buyers, sellers, and landowners refer to the 7/12 extract to ensure that the land's ownership and legal status are clear before any land-related transactions take place.