Banking Matter Bank approval of property no way establish the title of the property. For obvious reasons, banks also apply several checks on the property for sale apart from examining the individual creditworthiness of the applicants. Banks carry out a legal and technical verification of the property, before they would grant the loan as the bank is lending money towards a safe property. Mainly, Banks will examine all the original documents of the property including title deeds and ownership papers. No bank will ever fund for the purchase of a property that is caught in any kind of legal complexity or dispute and reject your loan application. Before approaching the Bank, one has to get the property verified by expert property lawyer and Agreement to Sell to be prepared by the lawyer.