Title Certificates Vs Deeds
Advantages of Title Certificates over Deeds
Title certificate is issued by the Government after examining the Title and satisfying that the owner has a good and valid title. Therefore the title of a property issued with a Title Certificate is guaranteed by the State. As a principle, the title cannot be challenged as it is endorsed by the Government.
However, a Title certificate is issued after examining the existing Deeds and documents. There can be defects or errors coming into the final decision.
In contrast, a Deed does not guarantee title. One must examine all the Deeds and other documents for a period to form an opinion about the title. This opinion can be different from one lawyer to another lawyer.
Expenses
Title Certificates cost much more than Deeds.
Registering a transaction involving a Deed costs Rs 120.00, whereas a Title Certificate entry will cost either Rs 500.00 or Rs 1000.00.
Time
A sub division of a land claimed on a Deed will not take more than a couple of days, whereas a Title Certificate sub division will take more than 6 months. It is also very expensive.