If you are in search of buying a good piece of land or property, and you wish to verify the antecedent history of the land or property in question it is always advisable to have a title detection conducted on it, to rule out any adverse legal implications.
HOW DOES ONE CONDUCT THE SEARCH?
A title search is conducted on the property that is put up for purchase, before any other financial transactions are done. In fact, a title detection exercise is one of the most important aspects of the entire purchase deal.
A title certificate is issued after a search is conducted on the title of the property.
WHAT IS INVOLVED ?
These are some of the points that will be checked from the records kept with the Sub-Registrar’s office:
- Chain of sale/conveyance agreement
- Property card
- Index II
- 7/12 extract and
- Other relevant records.
WHAT WILL THE TITLE CERTIFICATE DISPLAY?
The Title Certificate will be issued by the advocate after the title search is conducted, and the certificate will state that the property is not encumbered and therefore has a clearly marketable title. The search should also throw up any aspects that show the ‘right of adverse possession’; this means that any person who holds the property physically, unaligned from any dispute from the true owner can also claim his or her right to ownership.