Just like land verification in real estate investment business, it is vital to go through a thorough property ownership verification as well. Conducting ownership check will eventually clear out any doubts, hitches and issues during land and property ownership transfer process in Bangladesh.
Steps of property ownership verification
- Firstly, all relevant property-related data, especially, the plot (dag) number, Khatiyan number, information of the present owner, holding address, has to be collected. It would not be possible to check the records of the property in the first place without these primary documents.
- Next comes the checking of the genuineness of the title deed. Property document verification is significantly important. This can be achieved by conducting a search at the Sub Registry Office in question. Both recorded deeds have a record of the original deed at the registry office of the sub-registry in which they are registered.
- A certified copy of the deed has to be obtained by paying a small number of state fees to the Sub Registrar. The deed of the predecessor and the Partition Deed (Bonton nama) (if any) should be verified in case the property is inherited.
More processes to follow
Our initiatives in property ownership verification field
It is an arduous job to verify correct property ownership in Bangladesh. Recently, the government has implemented the Digital Land Management System (DLMS) to reduce the coercive process of verification of land management, through which the Bangladesh land area can be handled digitally with the aid of modern technology.
Our main features include the DLMS including GPS-based land surveying, automated map drawing and online land management processes. The government system has recently indexed more than 65 Lakh Khatiyans and scanned copies of more than 18,500 map sheets.
However, the prevalent system has yet to be abolished. But we are ready and equipped to deal with any ownership verification process recommended by the government. We also take precautions on behalf of the both buyers or purchasers side before the final ownership handovers.
Additional Features We Provide
Property ownership verification process demands detail data cross checks. It proves an individual as an owner of the land or property. Got issues regarding ownership verification, owner transfer or deed and paperwork preparations, don’t hesitate and give us a buzz. We are always standby to assist you regarding land ownership verification and preparation process.