The Mechanism of Public Notice
Legal transactions involving real estate are publicized through the registration of a summary of their essential terms in the Land Registry. This process involves the inclusion of personal or real rights that the law requires to be disclosed, whether for their initial creation or to make them opposable against third parties.
Types of Registrable Instruments
The registry accepts various forms of instruments, including administrative, contractual, and judicial deeds. Each type of instrument must meet specific legal standards to be integrated into the official real estate books maintained by the Real Estate Property Department.
The Structure of Official Registers
The Land Registry is composed of official 'in rem' books. These books provide a chronological and systematic record of all changes in property status. By centralizing this information, the law ensures that the legal history of any given parcel of land is transparent and accessible to authorized parties.