Demystifying the 7/12 Extract:
A Beginner’s Guide to Understanding Land Records
Have you ever come across the term ‘7/12 extract’ in a property deal and wondered what it means? This article aims to demystify this term and provide you with a beginner’s guide to understanding land records.
Introduction
The process of buying or selling a property involves a lot of paperwork and documentation. One of the most crucial aspects of property ownership is land records. These records contain all the necessary information about land ownership, location, type of land, and its history. The 7/12 extract is a document that is part of this land record system in Maharashtra.
What is the 7/12 Extract?
The 7/12 extract is a land record extract that contains all the details related to land ownership, survey number, date of ownership, land area, type of land, and crop details. It is an important document that is issued by the Revenue Department of the Maharashtra government. The extract is also known as the ‘Saath Baara Utara’ in Marathi language.
Why is the 7/12 Extract Important?
The 7/12 extract is an important document for property owners as it provides them with all the information related to their ownership of the land. It helps landlords to maintain records of their tenants and their crop details, and it is also used by farmers to avail of various government schemes related to agriculture. The extract is also required during the process of buying or selling a property as it provides all the necessary information about the land.
How to Obtain a 7/12 Extract?
To obtain a 7/12 extract, one needs to visit the Talathi office of the concerned village where the land is located. One needs to provide the survey number or the name of the property owner to get the extract. The extract can be obtained by paying a nominal fee.
Case Studies
Let’s consider two cases to understand the importance of the 7/12 extract. In the first case, Mr. X is a farmer who wants to avail of a government scheme related to agriculture. He needs to provide all the details about his land to avail of the scheme. By obtaining the 7/12 extract, Mr. X can provide all the necessary details to the government and avail of the scheme.
In the second case, Mr. Y wants to buy a piece of land from Mr. Z. Before finalizing the deal, he needs to verify all the details related to the land and its ownership. By obtaining the 7/12 extract, Mr. Y can verify all the information and ensure that the deal is legal and proper.
Conclusion
In conclusion, the 7/12 extract is an important document for property owners and farmers. It provides all the necessary details related to land ownership, location, and crop details. Obtaining a 7/12 extract is a simple process, and it is necessary to verify all the details related to land ownership during property deals. By understanding the importance of the 7/12 extract, property owners and farmers can maintain proper records and avail of various government scheme benefits.
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