Dear sir, question on title of 1 acre of agricultural land I am considering to buy. 2 clarifications I need
- To widen access to the land, the current owner "Person A" has made a swap/exchange deed with a neighbor and exchanged 1 gunta of land to benefit each other. But this deed is not registered, it is notarized. It seems in Karnataka Govt will not register any agricultural land transactions less than 5 gunta. Is this a legal transaction and will the said deed hold any value? Can I build compound with this arrangement?
- On another border of the property there is 4 gunta of neighbours land. Person A has given them some money and made the owner of this 4 gunta land and his family sign sale/agreement deed basically relinquishing the property to Person A. But this is also not a registered deed and the record of rights document will retain the name the earlier owners. Is this safe, and will this deed hold any value? I am concerned that the other claimants will come in future and demand more money or land back.