: Most major banks in Sri Lanka are hesitant to accept a Declaration Deed as collateral for loans because it doesn't prove "marketable title" .
Crucial Steps to Take Before Using or Buying land with a Prakashana Oppu prakashana oppu
If a legal heir of the original owner returns years later with valid historical root deeds, they can contest the declaration in court, leading to massive legal battles and distress. : Most major banks in Sri Lanka are
When old deeds (Path-Iru) are missing, fragmented, or physically destroyed in the Land Registry, preventing the link of historical ownership. preventing the link of historical ownership.