Why/when an encumbrance certificate is required?
Ans:The Encumbrance Certificate (EC) records details of transfer of ownership of a property in succession up to the current owner. It shows the date, names of the parties involved and amount of consideration, extent and schedule of the property. This certificate can be obtained from the sub registrar’s office on payment of requisite fees for a prior period leading up to the current date, usually 15 years, 20 years or 30 years. This certificate is also useful in establishing the chain of ownership till the present owner.
