The Benefits Of Knowing The Title On A Land.
Land is undoubtedly a major factor in the social and economic development of every country, it serves as a social security function to most people because after all else have failed, land still returns to the owners for use. It is perhaps the most important natural resource, in the sense that it affects every aspect of people’s lives. Proof of title to land is the protection and degree of control which a person has over any given land. Proofing title to a land surfaces when there is need to buttress the ownership claim to a land and title registration is mainly to protect property rights, to facilitate transactions in land, and to enable land to be used as collateral for a loan. A system of land title registration identifies each individual land parcel and provides confirmation by the state that the person named in the register has specified property rights in that parcel.