1. Not conducting an online search for the title deed
Property buyers can electronically verify their title deeds through the e-citizen and Ardhisasa platforms.
You only need to provide your title information on these sites, and the system will provide feedback.
2. Failure to understand the various title deed kinds
Three different types of title deeds are available: freehold, leasehold, and sectional. Sectional title deeds show ownership of a single unit in a building (shows ownership of land without restrictions). understanding how the various title deeds differ is a good idea.
3. Unable to distinguish between fake and real title deeds
Consult a specialist, such as a lawyer, to confirm the validity of the title deed. Make sure you verify the location of the land parcel or property you want to buy. You can visit the land registry to see if the title deed is registered.
Check out the reputation and credentials of the business or person selling you the land.
4. Inaccurate Names
You can lose your right to own land if the title deed lists your name or nickname under a different name.
Make sure the names on all of your official documents match. Other mistakes on the title deed include the wrong consideration amount, a lack of a notary seal and witness signatures, defective acknowledgements or witnesses who were absent, a missing acknowledgement, and the grantors’ marital status.
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