The occupants must submit documents that certify the possession of the land to register the property in the public records, which guarantees the legality of the property of the property.
The informal property formalization agency (COFOPRI) plays a crucial function in the delivery of Property titles In Peru, which facilitates the regularization of land. In addition, their work covers the formalization of human settlements, traditional communities and populated centers that have been legally recognized and registered in the Public records.
The purpose of this procedure is to recognize the inhabitants of the land and verify that they satisfy the necessary criteria to receive the appropriate degree. Next, there are more details about the requirements for the Housing formalizationespecially if you have occupied the property for more than 10 years.
What are the requirements to access the title owned by a land?
The informal property formalization agency grants property titles to those who have occupied a land Pacific, public and continues for more than ten years. This process facilitates the regularization of the property, which makes the occupants full owners.
According to the comprehensive and simplified procedure of declaration and/or regularization of property in informal possessions, known as the purchasing prescription of domain, formalization is carried out in land of private property that must meet certain additional requirements. These criteria are fundamental to ensure that the process of formalizing is carried out properly and in accordance with current regulations.
- Sworn declaration that there is no judicial action or slope against the holder.
- A register of citizenswith no less than 50% of the application.
- Evidence that prove the possession of 10 years.
Can you sell the land that received the free property title from Cofopri?
Cofopri has determined that those who obtain a free property title must wait a period of five years before they can transfer or sell the land. This measure aims to prevent Marketing of landa common activity among land traffickers. Law No. 31056, which expands the deadlines for the degree of informal possessions, includes this restriction To protect families that really need these property titles.
Cofopri has the power to reverse the property of a land that has been entitled to the State if it is determined that its transfer occurred before five years passed. In this situation, the transfer will be considered invalid and cannot be registered in the Registry of Lands of the SUNARP. In turn, it is important to highlight that free access to the property title will not be available for those who already have another property registered in their name in the country.
Cofopri contact
Applicants can contact the institution through consultations@coFopri@gob.pe Monday through Friday from 8.30 am to 4.30 pm In addition, numbers are provided to call Cofopri:
- (01) 319-3838
- Free line: 0800-28028
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Source: Larepublica
Alia is a professional author and journalist, working at 247 news agency. She writes on various topics from economy news to general interest pieces, providing readers with relevant and informative content. With years of experience, she brings a unique perspective and in-depth analysis to her work.
