What should be done to real property records after a change in ownership?

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When there is a change in ownership of real property, it is essential to amend the property records to reflect the current ownership. This ensures that the records accurately represent who holds title to the property, which is critical for various legal and administrative purposes, such as taxation, property assessments, and ensuring clear title.

Updating the records helps maintain transparency and clarity in property transactions and is central to the integrity of the land registration system. It enables potential buyers, sellers, and financial institutions to verify ownership, which is essential for any future dealings involving the property. Amending the records also prevents confusion and disputes regarding property ownership, which could lead to legal challenges.

The other options do not align with best practices for maintaining real property records. Leaving them as is could create significant problems in ownership identification and transactions. Recreating records from scratch is unnecessary, given that updating existing records is typically sufficient and more efficient. Lastly, limiting updates to only the end of the year does not reflect the need for timely communication of ownership changes as they occur.

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