Litigation Property: Meaning, Risks & How to Handle It

0
183

A litigation property is any real estate asset involved in a legal dispute—whether over ownership, boundaries, inheritance, or prior agreements. It’s risky territory for buyers and investors.

What Does Litigation Mean?

  • Property is under court proceedings or legal challenge

  • May involve multiple claimants, unclear title, or pending judgments

  • Governed by laws like the Transfer of Property Act and Doctrine of Lis Pendens (Section 52)

Risks of Investing:

  •  Ownership may be overturned by court

  •  Possession or registration may be blocked

  •  Banks may refuse loans

  •  Long delays and legal costs

  •  Reputation damage for developers or agents

How to Handle It:

  • Conduct title verification and check for pending cases

  • Review Encumbrance Certificate and mutation records

  • Check for court orders restricting sale

  • Consult a property lawyer for legal opinion

  •  Avoid unless dispute is resolved or court permits transaction

Search
Categories
Read More
PROPIINN
From Site Visits to Closures: Tips for Faster Conversions
In real estate, time is money—and momentum is everything. Turning a site visit into a...
By PROPIINN 2025-07-01 10:14:54 0 201
NexMates
“Top Load Washing Machine Check-Up – Quick, Clean & At Your Doorstep.”
Is your automatic top load washing machine making noise, draining slow, or not starting at...
By NexMates 2025-06-25 11:56:00 0 221
PropMates
Doing Everything Right but Still Losing Clients? It’s Time to Get Verified
You respond quickly.You know the market.You guide clients with honesty. Still... they choose...
By PropMates 2025-07-05 12:33:26 0 2K
NexMates
Our Agents Can Earn Through Labour & Service Referral Commissions
The NexMates Agent Referral System is designed to help independent agents build networks,...
By NexMates 2025-04-30 04:57:32 0 967
NexMates
Protect Your Space, Rain or Shine – Waterproofing by NexMates
Damp walls? Ceiling leaks? NexMates offers expert waterproofing solutions to keep your home dry...
By NexMates 2025-06-12 05:36:18 0 334
PROPIINN | IINNSIDE https://agent.propiinn.com