When legal title passes in an unregistered land transaction?

When legal title passes in an unregistered land transaction?

Property Law Peruvian Civil Code

Thanks to the registration of a property in the Property Registry we are officially recognized as owners. We can dispose of our right, by selling or mortgaging, and anyone who is interested in buying a house or building a right on it, can have at his disposal all the necessary information to be able to decide on equal terms and without surprises. In addition, by registering we have the security that nobody will be able to deprive us of our right or to dispose of it fraudulently.

The objective of the Land Registry is to give publicity of the registered acts and consequently legal security to the property and future acquirers of the real estate, since registering them, those who consult it are informed about the domain and other real rights or charges that weigh on the same ones, minimizing risks of eventual claims.

By registering in the Real Estate Registry all acts affecting the ownership or real rights over real estate, it provides total security and legal priority to the rights registered therein, which in turn guarantees total security in real estate transactions, which is the main objective or purpose of the Real Estate Registry, and the reason for its existence.

Requirements for rural land titling

Property is like those symphonies that were never finished. Everyone recognizes the work and its importance, but at the end we know that a part of it is missing. Our property systems always end up with gaps that are never filled. But AED can help us better identify those gaps and know what to do with them.

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The problem is that listening to an unfinished musical work leaves us with the intrigue of what it would have been like, with a kind of cultural curiosity that ultimately lets us go on living. But when the property system remains half-finished, leaving flesh and blood human beings without solutions to solve their problems regarding the use of goods, the result is waste of resources, less development and, why not, poverty. The lack of a closed property system not only leaves our Codes and laws as incomplete. It leaves concrete situations of daily life incomplete.

Along these lines, it is necessary to understand why property is so important. Property allows us to internalize the externalities that occur in the use of goods. Property makes it possible to create incentives for the owner of a good to assume the benefits and costs that derive from the good.

What is the transfer of the right of ownership.

It can also be a contract by which one of the contracting parties undertakes to deliver the ownership of a thing and a sum of money, but it should be clarified that in some legislations, if the part in cash is greater than or equal to the value of the thing, the contract is considered a sale and purchase contract.

Historically, the exchange, or barter, is a primitive form of exchange prior to buying and selling, which presupposes the existence of currency and therefore a more advanced degree of social organization. It is the first natural manifestation of trade, and appears in history from the moment when the first populations begin to specialize their professions and there are surpluses. Barter presents several problems, such as the double coincidence of needs, the absence of a unit of account and the problem of trust.

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Therefore, the social importance of barter declines with the invention of currency. From that moment on, commercial relations were regulated mainly by means of buying and selling. Today, the economic role of barter is very modest, although it has not disappeared.

Titling of rural properties 2020

(Mining area, mining sites and priority) I. Mining area is the geographic extension destined for prospecting, exploration and exploitation activities, together with others of the mining production chain, as defined in this Law, in which the holder exercises its mining rights.

(Participation of indigenous and aboriginal peasant nations and peoples) Indigenous and aboriginal peasant nations and peoples have the right to participate in the benefits from the exploitation of mineral resources in their territories, in accordance with the mining royalty regime, without prejudice to the measures and compensations that correspond in accordance with the prior consultation regime established in this Law.

Article 20 (Difference of rights) The right to carry out mining activities granted by the State constitutes a right distinct and independent from the right of ownership of the land.

Article 21 (Research, education, training in mining activities) The State and the mining productive actors shall promote programs aimed at research on mining processes, training of operators and training at all levels.

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