Why Registration Of Land Is Very Important
Are You A Land-Owner? Find Out Why It’s Important You Register That Land "Land" used in this article to include buildings, real estate, real property and undeveloped land. The following are the advantages and benefits of registering your title to land: 1. Proof of Ownership. In the absence of any other better title to the land, your registered title is proof of ownership of the land and makes the land marketable in your favour. If you want to sell your land, all you need is to show the prospective buyer the Registered Title and would not have to produce any other proof of ownership. The buyer does not have to peruse any other complex legal documents to prove your ownership. 2. Government Compensation. If you have an unregistered land, you will not be entitled to receive compensation from government in the event of compulsory acquisition of the land for overriding public interest. Government will only pay compensatio...