Q: What is a title deed? I have bought a property recently and have not obtained the title deed yet from the seller. Will I face any difficulty while registering for a title deed or obtaining it?
Title deed is a document which shows the ownership and your rights towards your own property. It is a very essential document needed in India. When buying a property from somebody, be sure of the title deed. Do demand the original copy of the title deed. If the seller produces only the photocopy, think twice about whether you want to go ahead with this title deed. Also, find out if the seller may have taken a mortgage on the original deed. When you get the original deed, consult with a lawyer and get it thoroughly reviewed by him/her.