|
The Deslinde
Note: Sunset Valley Estates S.A. Phase I is in compliance with the new deslinde procedure required for all real estate transactions in the Dominican Republic. Phase II is currently in the survey phase of this procedure.
Deslinde Explained
Real estate transactions in the Dominican Republic were modernized with Property Registry Law # 108-05, which went into effect April 4, 2007. Among other things, the new law requires a "deslinde" for all real estate transactions.
A deslinde is a legal procedure that segregates a portion of land within a parcel from all the other portions within the same parcel. The segregated portion becomes its own parcel with its own cadastral designation that is guaranteed by a definite title. No recorded property rights are possible without a deslinde.
The new law established a transitional period; however, beginning April 4, 2009, the Registrar of Titles will not record any real estate transactions of a property without a deslinde.
The current procedure for deslinde has three phases: the survey phase, the judicial phase, and the registration phase.
Survey phase: A certified surveyor measures the property using G.P.S. coordinates after giving notice to all owners of the neighboring properties. The survey is submitted to the Regional Survey Office for review. If approved, the Office provides the new parcel with a new cadastral designation and allows the procedure to continue to the second phase.
Sunset Valley has successfully completed all Property with a proper Deslinde. on Section 1 to 6
Regional Direction of Property Measurements, Presentation of Records, Deslinde Operation:
Approved on January 8, 2009.
Judicial phase: In this phase, the deslinde goes to the First Instance Land Court, where neighbors or any interested third party may object. Parties must be represented by an attorney. The judge rules on the deslinde and, if approved, the Registrar of Titles is authorized to cancel the old provisional title and issue a new definite title with the new cadastral designation.
Sunset Valley Estates S.A. has successfully completed the judicial phase of deslinde for all Phases
(1) Judicial approval by all Instances are visible.
Registration phase: The Registrar of Titles executes the judge's ruling by canceling the old provisional title and issuing the new definite title.
The Puerto Plata Registrar of Titles has issued all titles for Sunset ValleySA.
|