Is the title search for a property an essential step before purchase?
Yes, this is the most important step you are required to take even before making an advance in the form of earnest money to the potential seller. Title searches should be carried out thoroughly in all the sub-registrar or registrar offices that are entitled to register that property. Such searches will help establish whether the property has already been sold to another party and whether the seller has the right to transfer the asset. Searches should also be conducted in all courts having jurisdiction over the property to determine whether there is any pending suit. Municipal records as well as land revenue records or any other place that your lawyer would want to cover should be checked. The research should be exhaustive and extensive, going back to as many years as possible. Lawyers may charge more if the number of years is more but it is better to spend money on this count than burn a fortune on the property and realise later that the deal is invalid because of title problems. Q: Wh
