LegiTract LPS Rating vs Traditional Legal Opinion
A quantitative rating system meets qualitative legal analysis — understanding when to use each, and why the best results come from combining both.
A traditional legal opinion on a property is a qualitative narrative — a lawyer's written assessment of title health, encumbrance status, and legal risk. It has been the standard for decades. The LegiTract Property Score (LPS) adds something new: a quantitative AAA-to-C rating backed by AI analysis across 29 sections, scored on five pillars. The question is not which is better in isolation — it is how they work together.
Quick Comparison
| Dimension | Traditional Legal Opinion | LegiTract LPS Rating |
|---|---|---|
| Format | Qualitative narrative | Quantitative AAA-to-C + narrative |
| Consistency | Varies lawyer to lawyer | Standardized 5-pillar scoring |
| Analysis Sections | 8-15 typical | 29 comprehensive sections |
| Title Chain | Manual narrative | Visual interactive flowchart |
| Government Checks | Manual (1-2 portals) | Automated (15+ portals) |
| Turnaround | 3-5 working days | Under 15 minutes |
| Comparable | No standard metric | AAA-to-C scale across all properties |
| Bank Acceptance | Standard | Bank-ready format with risk scores |
What Banks Actually Want
When a bank's credit team evaluates a mortgage application, they need to compare the legal risk of one property against another. A narrative legal opinion — however thorough — does not give them a comparable metric. One lawyer writes "title is clear with minor observations," another writes "title appears satisfactory subject to conditions." Both may mean the same thing, or they may not. There is no way to tell without reading every word and interpreting the nuances.
The LPS rating solves this. An AAA property in Chennai is directly comparable to an AAA property in Pune. A BB rating signals the same level of risk regardless of which state the property sits in. Credit teams can set policy thresholds — for example, auto-approve properties rated A or above, flag anything below BB for manual review — and process applications faster.
Banks also want audit trails. The LPS report traces every finding back to its source document or government portal, creating a verifiable record. This matters for regulatory compliance, internal audits, and NPA management.
How LPS Enhances (Not Replaces) Your Legal Opinion
A legal opinion is professional judgment. The LPS rating is data. Together, they are stronger than either alone. The LPS report gives lawyers a comprehensive starting point — 29 sections of analysis with source verification — so they spend less time gathering data and more time applying expertise.
For instance, instead of manually checking eCourt records, revenue portals, and RERA status across different state websites, a lawyer receives all of this pre-verified in the LPS report. They can then focus on interpreting edge cases, advising on specific risk mitigation strategies, and adding the professional context that AI cannot provide.
The quantitative rating also gives lawyers a defensible benchmark. When a client asks "is this property safe to buy?" the lawyer can point to the LPS rating as an objective data point alongside their own professional opinion. It adds credibility, especially for clients who are not familiar with legal terminology.
29 Analysis Sections Covered
The LPS rating is built on a comprehensive analysis across these sections:
When to Use Each
Traditional Legal Opinion Alone
Best for simple, familiar properties with clear title — a property you or your firm has dealt with before, in a jurisdiction you know well, with a short chain of ownership and no complications. The cost and time of a full LPS analysis may not be justified for routine, straightforward transactions.
LPS + Traditional Legal Opinion
The strongest approach for:
- - Complex properties with long ownership chains or multiple transactions
- - Bank submissions where standardized risk metrics are required
- - Portfolio analysis where you need to compare risk across dozens of properties
- - Properties in unfamiliar jurisdictions or with documents in unfamiliar languages
LPS Rating Alone
Effective for:
- - Quick risk screening before committing to a full legal engagement
- - Buyer pre-checks to decide whether a property is worth pursuing
- - Initial assessment for large portfolios where full legal review of every property is impractical
See how the LPS rating complements your legal practice. Your first rating is free.
Rate Your Property — First Rating FreeFrequently Asked Questions
Does LPS replace a legal opinion?
No. The LPS rating adds a quantitative, standardized layer on top of a legal opinion. Many lawyers use the LPS report as a starting point and then apply their professional judgment. For bank submissions, the LPS rating provides the comparable metric banks want, while the lawyer's opinion adds the professional interpretation.
Can I customize the LPS report format?
Yes. LegiTract reports can be downloaded in PDF and Word formats. The report includes all 29 analysis sections, but you can choose which sections to highlight based on your client's or bank's requirements. The standardized AAA-to-C rating appears on every report for quick comparability.
Is the LPS rating accepted by banks?
The LPS report is designed in a bank-ready format with risk scores, detailed analysis across 29 sections, and a standardized AAA-to-C rating that makes it easy for credit teams to assess property risk. Banks and NBFCs use the LPS rating to standardize their property due diligence workflow and speed up mortgage processing.