Nicaragua-Realty.com

Often Property Title documents are of such poor legal quality, they are almost useless. If your title documents fall into that category, there is a good chance we can repair the problem.

This process requires time, patience and know-how. But in the end you should end up with a solid merchantable property title.

1. The client delivers all documents all documents in his possession relating to the property to our office.
2. We make a set of photocopies. Notarize them as being unaltered copies of the original and give the copies to the client. This is a backup set just in case....
3. We evaluate the documents and determine what, if any, documents are missing.
4. We obtain the missing documents. (Usually the Historia Registral and the Letter of No Objection)
5. Once we have a Historia Registral which includes the sale to the last owner, we can go to work and find out if anything was amiss with any of the past sales and transfers of the property.
6. We will ensure the Escritura conforms to the Law and all required information is included and properly documented.
7. All documents provided to us will be checked for authenticity and we make sure the information provided within is accurate.
8. We make sure that municipal taxes are current.

What happens if we find omissions, errors or some documents are missing altogether?

1. Whenever we discover irregularities within property documents we submit a report to the client. We also explain in detail how the problem can be corrected. It is then up to the client to make the decision to proceed or to keep the documents as they are.
2. If we discover mistakes or omissions in the Escritura, we can usually correct them with a second Escritura. The second Escritura refers to the first and incorrect one and clarifies and corrects an mistakes found. This correcting Escritura will also be registered and will be referenced to the original and incorrect Escritura.
3. After registering the corrections, we request a new Historia Registral which includes the new correcting escritura.
4. If a Historia Registral includes any inconsistencies, we usually try to find out what happened and where the mistake was made. If the error was committed at the Registry office, we ask for a clarification in writing from the Registrar.
5. All other documents from involved can easily be corrected if they contain errors.

After we finish with the rehabilitation, you should end up with a solid and legal title.

I should explain that some of this involves intricate legal work and requires an eye for detail. Our legal department is experienced and we work with some of the foremost property lawyers in the country if we need specialized advice.

Please contact us if you wish to have your title documents examined to ensure they are in order.