What is a Title Verification (Estudio de Títulos)?
The title verification, known in Spanish as "Estudio de Títulos," is a detailed legal examination of the complete ownership history of a property. A specialized attorney or notary searches all relevant registers and documents to ensure the property acquisition is legally sound.
Why is Title Verification So Important?
Paraguay has a complex land registry history. Without title verification, buyers risk:
- Purchasing properties with forged or invalid titles
- Existing mortgages or liens transferring to the new owner
- Property disputes with former owners or heirs
- Incorrect boundary lines and area specifications
- Unpaid tax debts
What Does the Title Verification Check?
The attorney examines the land registry (Registro de la Propiedad), the cadastre (Catastro Nacional), the municipal authority, and the tax authority (SET) for any encumbrances, unpaid taxes, or ownership disputes.
Cost and Duration
A title verification typically takes 1–3 weeks and costs between USD 300 and USD 1,000 depending on the complexity of the ownership history.
Conclusion
Every serious real estate purchase in Paraguay should begin with a professional title verification. Contact us to connect with experienced Paraguayan attorneys.