What Is A Title Deed?
A title deed is a legal document that lists all the necessary features of the property and acts as proof of property ownership. Without this document, a person cannot claim the right to property ownership, and no judgement can be made.
Don’t forget that proof of ownership goes a long way. Even after reselling, it indicates that you have acquired this property for a particular time.
The title deed contains some of the necessary information, such as -
- Location
- Size
- Other ownership details
Also, this document is the primary requirement whenever you plan to monetise the property by either giving it on rent, lease or reselling it.