Secure Your Property: Essential Documents for Land Titles
A land title or certificate of title is a formal document that outlines the rights a person or group of people hold in a piece of property. While it is commonly used to confirm ownership of the property, a title can also help prospective purchasers and landowners understand existing liens, usage rights, easements, natural resource rights, and other rights. If a property title does not list your name, another party may legally own the property. It is essential to inquire about, understand, and confirm the title associated with any property before purchasing it. Pre-investment research is usually recommended. Additionally, the value and security of the document are determined by it. These documents also assist current landowners and potential buyers in better understanding their legal rights concerning easements, natural resource rights, usage rights, and other rights already in place. Below are the documents required for a land title:
- Survey Document/Barcode Site Plan
A surveyor must supervise, regulate and control the survey and demarcation of the land for the purposes of land use and registration. They must coordinate the preparation of plans from the survey data and any amendments to the plan.
It is an agreement or contract between the vendor and the prospective buyer, which also contains the duration of the land lease. Thus, the buyer can only claim full ownership of the land when the commission has issued the land title certificate to them. It must be prepared by a lawyer and endorsed by the vendor(s) and buyer(s) and the witnesses of the two parties. It must be appropriately dated and signed by the parties. The indenture is also referred to as the deed of conveyance.
In conclusion, a land title or certificate of title is a vital document that outlines the rights a person or group of people hold in a piece of property. It not only confirms ownership of the property but also helps prospective buyers and landowners understand existing liens, usage rights, easements, natural resource rights, and other rights. It is crucial to inquire about, understand, and confirm the title associated with any property before purchasing it, and pre-investment research is usually recommended. The required documents for a land title include a survey document or barcode site plan and an indenture or deed of conveyance. By understanding and obtaining a clear title, both current landowners and potential buyers can have a better understanding of their legal rights and the property’s value and security.