Property registration is the process of legally recording a property transaction with the appropriate government authority. The registration of a property provides a clear and undisputed ownership title to the buyer and protects the buyer's rights to the property. It is an essential legal requirement for any property transaction, whether it involves buying, selling, or transferring property. The registration of a property ensures that the transfer of ownership is recognized by the law and any dispute over ownership can be resolved in a court of law.
Property registration is crucial as it provides proof of ownership, which is essential for securing loans, mortgages, or other forms of financial assistance. Additionally, it also helps in preventing fraud and illegal land grabbing. The process of property registration involves verifying the property's legal ownership, the details of the property, and the payment of stamp duty and registration fees.
Online land registration has made the process more convenient and accessible to people. With online registration, individuals can complete the process from the comfort of their homes or offices without having to visit government offices physically. Online registration also ensures transparency and reduces the time and cost involved in the process. Many countries and states have introduced online registration systems to make the process more efficient and user-friendly for their citizens.