Why conduct Title deed search before buying land.

Importance of conducting Title deed search in a land registry before purchasing land…

“Mugunda ni Title”, which loosely translates to a piece of land is as good as its title deed and is the proof that you genuinely own a piece of land., and it is the proof that you genuinely own a piece of land. To any land investor, the process of buying land is filled with lots of emotions and the fear of losing hard-earned money in the process cannot be overemphasized. Conducting due diligence is integral in ensuring one is making the right investment decision. Here at NawiriLand Investments Limited, we are committed to enlightening you on the entire land ownership process. The process starts by participating in an organized site visit, read here Importance of organized land site visits and the Key questions to ask during land site visits.

Verifying the current ownership of the land– A title search verifies the current owner of the property. It ensures that the seller has the legal authority to transfer ownership and that there are no conflicting claims or disputes regarding ownership.
Verifying the Property Rights: A title search reveals any legal encumbrances or restrictions on the property, such as mortgages, liens, or easements, Understanding these encumbrances is essential for knowing what rights come with the property and what limitations may exist.
Mitigating Risks: By uncovering any potential issues or defects in the title, a title search helps mitigate risks associated with the property. It allows you to address any concerns before finalizing the purchase, reducing the likelihood of future disputes or financial losses.
Legal Compliance: The title search checks for compliance with legal requirements related to property ownership, such as proper recording of deeds, payment of taxes, and adherence to zoning regulations. Ensuring legal compliance is vital for avoiding potential legal challenges or liabilities in the future.
Future Marketability of the Property: A clear title enhances the marketability of the property, making it more attractive to potential buyers in the future. Buyers are more likely to invest in a property with a clean title, as it reduces the risk of legal complications or challenges when you decide to sell or transfer ownership.
Accords Peace of Mind: Conducting a title search provides you with peace of mind, knowing that you are making an informed decision based on accurate information about the property’s title and ownership status. It helps you as the buyer proceed with confidence, knowing that you are acquiring a property with a clear and marketable title.

In conclusion, if you are not conversant with the process, it is good to engage a lawyer or a professional land agent to conduct and interpret the results for you.

Here at NawiriLand Investments Limited under the able leadership of our lead consultant Peter Kimani (PK), we are always ready to actualize your property ownership dream by walking you through the entire landing buying process. Visit us at Ruiru Town, Star House building 2nd floor room 212 or call us on 0723409409. Explore the prime land investment opportunities we have here at www.nawiriland.com.

The author is the CEO of Nawiriland Investments Limited Peter Kimani (PK) and has over 10 years of experience in the real estate market.

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