Often title deed and sale deed are understood to be the same thing, however, there is a significant difference between the two. I will try to help you out in differentiating the two here and answer your question what is title deed in detail.
When someone asks me what is title deed of property, I simply tell them that the term ‘title’ signifies a legal right to own something whereas the term ‘deed’ is used for a legal document that is signed by the properties involved in the transaction. Similarly, in real estate when you get a property registered, the title of the property is transferred in your name which signifies ownership over the property. The documentation of this whole process is done via sale deed. Therefore, it is safe to say that ‘title’ is a concept.
Title deed shows the ownership of property, rights and obligations, mortgages on the property, past records of the property, legal disputes (if any), etc.
Title deeds are registered with the records of the land revenue department of your area or go online on their official website.
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Authors Of The Question
What is title deed?
Purva
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1 Answers
3 Year
2021-03-15T14:28:20+00:00 2021-03-15T19:09:17+00:00Comment
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