Description
An EC is a vital document to verify that the property is free from economic or legal liabilities. It confirms whether there are encumbers, something burdensome, and hindrances in a property. It is a legal document that proves the owner/freedom of title to a property. That is whether the property owner is totally free from any legal or financial liabilities. It is a certificate of assurance whether the property in question is free of any legal or monetary liability, such as a mortgage or an uncleared loan. This can be checked through EC View Online in Tamilnadu. This document is essential for purchasing or selling property. This document will affect the property’s transferability and limit its free use if there is a burden ( encumbrance). It is an most important document for those seeking a home loan, buying or selling a property, or applying for a loan against property.The people used to check whether the property is free from encumbrances. The most common forms of encumbrance are mortgages, easements, and property tax liens.
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