Title Deed Certificate for Buying Properties

At Inversur Propiedades®, we know how important it is for anyone buying a property. That’s why we want to share the most relevant information about the current title deed certificate (certificado de dominio vigente) when acquiring a property in Chile. In this article, you’ll find everything you need to know about this essential document in the Chilean real estate sector.

What is a title deed certificate and why is it important when buying a property?

The title deed certificate is a document that proves ownership of a piece of real estate. In other words, it’s the legal proof of who owns a property. This certificate is essential when buying a new or used property in Chile, since it lets you verify whether the seller has the rights to sell it and whether the property is free of mortgages or other liens. It also provides information about the property’s history, such as its legal and mortgage background.

Why is it essential to have a title deed certificate?

Having a current title deed certificate is essential when acquiring a property in Chile, whether new or used. First, the document lets you verify that the seller has the rights to sell the property and that no third parties have claims on it, such as mortgages or other liens. The certificate also provides relevant information about the property, such as its legal and mortgage history, which is vital for making informed decisions when making a real estate investment. Without a doubt, having an up-to-date title deed certificate can save you time and headaches in the long run.

How to get a current title deed certificate

To get a current title deed certificate when acquiring a property in Chile, you need to follow these steps:

• Go to the Real Estate Registrar’s (Conservador de Bienes Raíces) office corresponding to the property’s location.
• Request the title deed certificate, providing the registration number found on the public deed or purchase agreement.
• Pay the corresponding fees to obtain the document.

Once you get the certificate, it’s important to review it carefully to check for any liens or restrictions on the property, as well as its legal and mortgage history. At Inversur Propiedades, we recommend getting expert advice from a real estate broker to ensure a safe, risk-free purchase.

In summary…

As we’ve seen throughout this article, having a current title deed certificate when acquiring a property in Chile is necessary to ensure the purchase is safe and risk-free. This document lets us verify whether the seller has rights over the property and whether it’s free of liens or restrictions. It also provides useful information about the property’s legal and mortgage history.

At Inversur Propiedades, we always recommend getting expert advice from real estate professionals when making any investment. This way, you can have the peace of mind and security needed to make a sound purchase.