Saturday, September 15, 2012

PROPERTY BUYERS MAY GET ACCESS TO CENTRAL REGISTRY

As a buyer of immovable property, you may soon be able to electronically check whether the
property concerned is free of encumbrances. CERSAI, a Government company, plans to soon
allow individuals to access the information recorded with the central registry. CERSAI was
examining the possibility of enlarging the scope of the registry to cover search on title status and
the credit profile of borrowers, for which it is in talks with State Government authorities (sub-
registrar of assurances).

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