Title deeds proving ownership are often shelved for years.
Title deeds are documents that help prove ownership of different types of property, including assets like houses or cars. At the time the purchase is complete, the buyer receives a title to the car or a title deed confirming ownership. Unfortunately, titles and deeds can be lost over time, making it necessary to replace the lost document before attempting to sell the asset. There are actually a couple of different ways to replace these lost documents, including contacting the original seller or checking with the local agencies that registered or recorded the transaction.
A title deed will prove ownership of some type of property.
In many cases, a quick and easy way to replace a lost title is to contact the original seller and the attorney who was involved in preparing the paperwork related to the sale. In many countries, lawyers are required to keep such documentation on hand for a certain number of years. Even if the time period required by law has passed, there is a good chance that the documents are still on file and accessible. This paves the way for obtaining a replacement copy of the property title using the documents obtained from the attorney.
Another approach to replacing a lost property title is to contact the agency or registry that tracks the sale of property within a given jurisdiction. This method is particularly effective when the lost debt is related to real estate. By providing the registry with vital information, such as the name and address of the owner and other data related to when the property was purchased, it is often possible to quickly identify and reproduce the required documents. Once the owner presents proof of identification as the owner named in the sales documents, the registry will provide a copy of the lost property title, usually for some type of fee.
Since the laws for registration and tracking of property vary from country to country, it is important to know what documents must be submitted to the appropriate agencies to ensure that the deed or title is registered in accordance with the laws of the country. This actually benefits the homeowner for a number of reasons, including the ability to replace a lost property title in a pinch. In many nations, there is some kind of local land registry office that maintains active property purchase records going back at least a couple of decades, with older records archived in some format for relatively easy retrieval. If you need to replace a lost title, check with your local authorities to find out which agency can help and what information you need to provide to obtain the replacement document.