DIFFERENT TYPES OF TITLE DEED.
Welcome to my corner of the internet,where ideas,creativity and insights come together!Whether you are here for inspiration,knowledge,or just a fresh perspective,I hope you will find something that resonates with you.Join me Kamene from Lacovia Real estate on this journey as we explore different types of title deeds together!
What is a title deed?
A title deed is a legal document that proves ownership of a specific piece of land or property.It contains important details about the land or property,such as size,location and boumdaries as well as the name of the owner.In Kenya title deeds are issued by the government through the ministry of lands and they serve as proof of ownership of a piece of land.
TYPES OF TITLE DEED
A mother title is the original title deed of a piece of land before subdivision into a smaller holdings.While a individual title deed is the specific documentation for a specific piece of land[plot]after subdivision.
Reasons why title deeds are important
1.Individual Title deeds provide precise information.Before buying any piece of land its essential to conduct due diligence,which involves performing a little search.This search will provide crucial detailos like the size of the land,location,and rightful owner.
2.Individual title deed makes it easier to to access loans.This title deeds are commonly used as collateral for loans transactions.So with this title deed one can acquire a financial boost.
So in conclusion,if you are considering buying land in Kenya,always insist on an individual title deed before any transcation.
At Lacovia Homes Real Estate ,we understand the importance of individual title deeds when buying land.For mother title deeds can create investment barriers as it denies you the right to carry out any business on the land if its not registerd under your name.This is why our plots have READY INDIVIDUAL TITLE DEEDS that are transferrable in 30 working days after complete payment.We have prime plots in Vipingo,Tezo and Bofa with individual title deeds.
Wishing you a Happy and stress free land buying process cheers!
