Best 10 Detailed Report On Title Deed
Real Estate / by RAJ YUVA / 83 views
Different aspects help to determine ownership of movable or immovable property. A Title Deed is a very important agreement when a seller is transferring the ownership of a property to a potential buyer for the rightful ownership of a property. It is a legally binding document and it carries a lot of weight.A sale deed becomes a title deed at the time it gets registered. It is proof that a particular person now holds ownership over a particular property. The deed is a document and Title is a concept. After the completion of the registration process, the buyer would receive a sale deed in documentary form. This documentary form would confer upon the buyer the title of the said propertyAccording to the Registration Act of 1908, a document must be registered with the Sub-Registrar Offices in India in order to be regarded as legally binding. Proper verification of all the Title papers, including sale deeds, encumbrance certificates, property tax receipts, etc., will aid in determining whether there are court rulings that restrict the owner’s ability to sell the property.
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