Definition of title deed
It is the proof of the transfer of ownership of the property to the investor or the buyer and there are different categories within the title deed is title deed .
A title deed is a term called a document that regulates the right of a particular property and proves the ownership of the property concerned for the person mentioned in the document.
Types of title deeds
Reconstruction and agricultural land deeds
These are properties that are registered as empty or unfit for reconstruction.
This piece must be located within the area covered by the reconstruction plan to acquire the status (land suitable for reconstruction), but the acquisition of land for this status does not mean that it can be built on it, or organize a project and take the building permit above this piece; it must be considered and scrutinized by the municipality concerned On the status of the area and its entry into the reconstruction plan, as the piece concerned may be located on the road or dedicated to a public park or green area and the like.
As for agricultural land, it should be verified that the land or piece registered in the Deed may be agricultural land, which has acquired the status of reconstruction due to a change in the reconstruction plan in the region.
Construction deeds
In this type of tabu deed, the main public property information, without mentioning the information of the independent sections of the property, means that the property is registered as a single unit that is not divided into separate sections, such as independent and barn houses, annexes, warehouses, factories and similar buildings.
Mortgage deeds
Deeds that register each section of the property separately, in the sense that a suitable project is planned for construction on a designated piece of land, then the approval of the construction is taken, and then the project is divided into separate sections (such as apartments within the architecture), and each section is organized a special bond The location of the independent department and its information, without considering whether the project was started or not.
Floor easement and record of floor ownership
A land registry is required to protect the rights of the landlord. The land registry is the document obtained to indicate that the landlord has the right of ownership on the specified floor of the building.
Is usually issued by the contractor to obtain the necessary financing for the project which gives the title deed as a bond of easement and not a full title deed, this type of real estate bonds is defined as the stage to be passed before obtaining a full title deed, and the easement deed proves the title of the owner of the bond in the construction to be created Or that will start creating it over a certain piece of land, and If not completed yet, but it is recorded in the records of the Real Estate Department .
The building contractors usually present the properties of the building to be sold to the buyer through this register, in a form in which the features are accurately indicated with details, but on the other hand a document of the land registry is required because this document enables the landlord to obtain a housing license.
Full title deeds
A title deed that registers the ownership of the real estate after the completion of its construction completely, and designates the independent sections with the approval of the use of each section separately, and each section is organized by a full title of its own In the aforementioned construction.
Ownership and easement deeds are different from the agricultural and arable land deeds in terms of the information contained therein, where the title of the apartment or the independent section, its location in the building and its share of the land on which the building is constructed are included. This means that the property in question has not yet acquired the full title or the right of easement, but if the independent section number, location, share of the land and other information related to it and its gender are mentioned as architectural land, it means that the property has obtained the right of easement.
The title deed shows the building area, the number of parts, the part of the person concerned, the number of the part and the number of any part thereof, including its specifications.
ARTICLE WRITTEN BY
PRISCILLAH MUNANGATIRE
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