$22 Million for Land Registry System

BID will finance a loan of $22 million for the implementation of a physical land registry system to cover protected areas in Guatemala.

Wednesday, June 17, 2009

Guatemala will strengthen its national network of protected areas by improving its land registry system through a loan of $22 million USD from the Inter-American Bank of Development (BID).

The loan will allow Guatemala to provide geographical and legal security to areas under national administration which form part of the Guatemalan System of Protected Areas (SIGAP), thereby creating a modern physical land registry system.

More on this topic

$33 million for Land Titling in Honduras

July 2011

The World Bank has approved an interest free loan to expand access to formal land titling, cadastre surveyance and property registration.

A statement from World Bank (WB) reads:

This service is part of an improved integrated and decentralized land administration system .

Guatemala fights fraud with new real-estate police

July 2008

Guatemala has opened a special office to fight fraud in the registration of real-estate titles.

The new Directorate of Registry Security will be supported by law enforcement and judicial agencies.

Resistance to Land Valuations in Panama

November 2013

Business groups are working on the definition of an alternative to the Government's policy to value properties according to their commercial value.

An article in Prensa.com reports that as an example José Luis Ford, president of the Chamber of Commerce, Industries and Agriculture of Panama (Cciap) noted that the position of the chamber is "to search for a more 'real' number, because the value used (commercial value for determining the registry value) does not match reality."

Panama To Invite Bids for Real Estate Appraising

June 2010

The government will put out to tender a contract for appraising real estate in Punta Paitilla.

In order to update its real estate registry, the Ministry of Economy will hire companies to perform a massive number of appraisals in the metropolitan area. Some 12.000 lots will be evaluated.

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