Why is it considered necessary to register a property? What is the purpose of registration?
By registering the transaction of an immovable property, it becomes permanent public record. Title or interest can be acquired only if the deed is registered.
08 Dec 2008
- By registering the
transaction of an immovable property, it becomes permanent public record.
This is a notice to the general public. Those getting transfer of property
should verify whether such property has been previously encumbered.
- According to the Transfer of
Property Act, 1882 right; title or interest can be acquired only if the
deed is registered.
