A copy of a document of title to immovable property is acceptable in the following cases:
- Banks and financial institutions: Banks and financial institutions may accept a copy of a document of title to immovable property as collateral for a loan.
- Government agencies: Government agencies may accept a copy of a document of title to immovable property as proof of ownership for the purpose of issuing a permit or license.
- Property dealers: Property dealers may accept a copy of a document of title to immovable property as proof of ownership for the purpose of selling the property.
- Other parties: Other parties, such as landlords, tenants, and creditors, may also accept a copy of a document of title to immovable property as proof of ownership.
However, it is important to note that not all parties will accept a copy of a document of title to immovable property. Some parties may require the original document, while others may require a certified copy. It is always best to check with the party in question to see what they will accept.
MCQs on Copy of Document of Title to Immoveable Property
- Where is a copy of a document of title to immovable property acceptable?
- Banks and financial institutions.
- Government agencies.
- Property dealers.
- All of the above.
The answer is (d). A copy of a document of title to immovable property is acceptable in all of the cases listed above.
- What is the difference between a copy and a certified copy of a document of title to immovable property?
- A copy is a reproduction of the original document, while a certified copy is a copy that has been certified by a notary public or other authorized person.
- A copy is not accepted by all parties, while a certified copy is accepted by most parties.
- A copy is less expensive than a certified copy.
- All of the above.
The answer is (a). A copy is a reproduction of the original document, while a certified copy is a copy that has been certified by a notary public or other authorized person.
- What should you do if you need to provide a copy of a document of title to immovable property?
- Make sure that the copy is clear and legible.
- Get the copy certified by a notary public or other authorized person.
- Provide the party with the original document if possible.
- All of the above.
The answer is (d). You should make sure that the copy is clear and legible, get the copy certified by a notary public or other authorized person, and provide the party with the original document if possible.