Along with the property’s current ownership status and commercial (market) value, the title search report also provides information regarding mortgage, loan, or pending litigation concerning the property. This can help understand the actual current value of the property as an asset.
FAQ Category: Services
Is the total area of the property included in the title search report?
Yes, the title search report also mentions the total area/size of the property in addition to the complete description/address of the property.
Can title search be conducted for residential property?
Yes, one can conduct a title search for all kinds of real estate assets – agricultural, residential and commercial properties.
As the property documents are in vernacular languages, what service is provided for those who cannot understand such languages?
The property documents procured in vernacular languages are translated into English to ensure a clear understanding of the documents by our clients.
Is property valuation provided in the Title Search Report?
Yes, the title search report also contains the commercial value of the property that a certified evaluator evaluates.
Will there be physical verification of the property to ascertain the current status?
As the title search process is exhaustive, the team of specialists at NRI Legal Services visits the property to ascertain its on-ground status.
What is the authenticity of documents based on which a person can conduct a title search?
The Title Search service provided by NRI Legal Services is conducted based on public records. It is exhaustive research that determines the legal ownership by analyzing the latest certified documents of the concerned property.
Can the process of title search be initiated for an ancestral property?
Yes, an NRI can conduct a title search for all kinds of properties, whether ancestral or self-acquired.
Will I be required to travel to India to initiate the process of title search?
There is no requirement for NRIs to travel to India to initiate the process of a title search. NRIs can do a Title search even in their absence. A detailed and comprehensive report is also shared with them at their residence, making the entire process easy and convenient for them.