The Essential Role of Title Searches in Karnataka’s Real Estate Landscape
Introduction A title search is a critical step in property transactions, ensuring that the property's title is free from defects or legal claims. This process verifies the ownership history of the property to confirm the seller's right to transfer ownership and identify any liens, disputes, or encumbrances that may affect the buyer's interest. Conducting a thorough title search is vital for securing the buyer's investment and preventing future legal complications. This article delves into the intricate details of the title search process in Karnataka, elucidating its significance, methodology, and the specific steps involved, along with relevant legal frameworks. Importance of a Title Search 1. Ensures Clear Ownership A title search confirms that the seller is the rightful owner of the property and has the legal right to transfer ownership. The verification of the title eliminates any doubts regarding ownership, assuring the buyer. In the absence of a clear title, dispu...