Before buying a real estate property it is highly recommended to investigate its legal status at the corresponding Title Registry Office. Through this service, eLexPersona.com will investigate if the property is free of liens and encumbrances, such as: mortgages, oppositions or any attachments. Through this investigation you will also obtain information on the actual owner of the property.
As a result of this investigation, the Title Registry Office will issue a Certification of Liens and Encumbrances, valid for approximately 90 days.
Legal Fee: US$375
REQUIRED DOCUMENTS:
1. Copy of Cédula (Dominican ID card) or complete passport (if foreigner) of the applicant.
2. Copy of the Title Deed.
Frequently Asked Questions
1. In how long will the Certificate of Liens and Encumbrances be issued?
The Certification of Liens and Encumbrances is issued in approximately 15 business days, from the date the request was made at the corresponding Title Registry Office.
It is important to mention the certificate's issue date can vary depending on the size of the plot you wish to investigate, since the certification of a larger plot may take longer than a smaller plot.
2. What is a Certification of Liens and Encumbrances useful for?
This certification protects the buyer upon the existence of any registered sale or mortgage before you decide to acquire the property.
3. What information does this certification contain?
The Certification of Liens and Encumbrances validates and certifies the legal status of the property, provides its complete description, the name of the owner and whether the property has any liens or encumbrances.