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Chile Home  Chile Real Estate Articles Real Estate Law in Chile, South America: Conducting a Title Search
Real Estate Law in Chile, South America: Conducting a Title Search |
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Usually across Chile, requesting the
documents needed for the title search does not take very long, with
the exception of Santiago and some other major cities. In those
cities you must wait at least two weeks to receive a certificate.
The Santiago Registry has a website
where documents and certificates can be ordered online. They have a
very automated system, and they take online payments. Sadly, this
online payments system works only with the Chilean Webpay System that
can only processes Chilean Credit Cards.
If you do not have a Chilean Credit
Card you must deposit the money in the Registry's bank account and
fax or email a copy of the deposit slip to them inorder for them to
processes the request. The status of the request can be tracked online.
Additionally there is a plan to
implement a national system for the request of official documents
related to real estate and contracts administrated by the site,
"Conservadores en linea" at http://www.siri.cl/
Even though this system is working, we
have found problems regarding process and access to the more remote
registries in Chile that are not part of the organization that is in
charge of the website; also, the time it takes for you to request and
for an order to be processed is often much longer than a direct
request to the registries. Contacting directly the registries, and
setting up a remote system with each of them seems to be the most
efficient method we have found for requesting documents for our
clients.
Property Title Registries in Chile
The National Registry System in Chile
is based on the work of three public officials considered part of the
Chilean Legal System and supervised by the corresponding Appeals
Court based on territory. These officials are the Notary, Registry
and Archiver.
The title registry maintains the
following public records:
- Property
- Mortgage
- Prohibitions and Legal Capacity
- Commerce
- Water Rights
- Mineral Rights
- Industrial Lean
- Agricultural Lean
- Special Lean Law 4,702
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