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Evidence Of Ownership Of Land - Properties - Nairaland

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Evidence Of Ownership Of Land by AmanRoyal(f): 12:53pm On Jun 07, 2017
Documentary evidence of ownership is called title deeds or title documents. It is important that the document being presented by the seller to the prospective buyer must have been registered at the Lands Registry. This is because any document that creates or purports to create any interest inland must be registered at the Lands Registry.

The registration makes it a public document under the Evidence Act and if the original copy is lost or destroyed, the certified true copy can be used in appropriate cases. When a document is registered, the registration constitutes a notice to the whole world of the interest in the land to which the land/document relates. However, if there is any defect in the title of the person in whose name the document has been registered, the defect in the title cannot be cured by the registration.

Generally, land registration describes systems by which matters pertaining to ownership, possession or other rights in land can be recorded usually with a government agency or department to provide evidence of title, facilitate transactions and to prevent unlawful disposal. Land registration systems involve Deeds Recording and Title Registration.

Deed recording is a system of giving publicity to land transactions and helping to prevent concealed dealings. The act of recording a deed gives notice to the public of a claimed interest inland and establishes priority against other possible claimants to the same interest. System of deeds recording requires certain information such as; a document presented for entry which normally accepted at face Value, Survey plan, Boundary descriptions.

Title Registration is an authentication of the ownership of, or a legal interest in, a parcel of land. The Act of title registration confirms transactions that confer affect or terminate that ownership or interest and once the registration process is completed no search behind the register is needed to establish a chain of title to the property, for the register itself is conclusive proof of title. This type of title is often referred to as indefeasible (or absolute). There are four key benefits of registration which include:  Evidence of Ownership  Higher Property Value Security of Title Ease of Transaction

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