Real estate acquisition process in Chile
The process of buying a property in Chile includes several formal and recommended steps. At each step it is essential to ensure that the property complies with the agreed conditions and that the legal requirements for transferring the property are met. In the deeds of sale in Chile it is usually stipulated that the buyer […]
How to Buy Rural Land in Southern Chile: Steps and Costs
Buying farmland or a plot in southern Chile involves a thorough legal process. First, you need to find land that meets your requirements for location, size, and services. It’s essential to ensure the property is duly registered with the Real Estate Registrar (Conservador de Bienes Raíces) and has its own fiscal assessment number. Ask the […]
Procedure for the Constitution and Registration of a Transit Service
For the registration of a transit servitude, the current owners of the servant property or, where appropriate, their heirs, must sign a public deed of constitution of servitude before the notary. 1. Previous requirements If the property is in succession, the heirs must have processed and obtained the appropriate effective possession. It is necessary to […]
Promissory note of a property transaction
The promise of sale is a fundamental step in real estate transactions in Chile. In this article, we explain what this preliminary agreement consists of, its essential elements and the importance of its formalization to ensure transparency and legal certainty in the purchase and sale process. We also address the legal implications and offer recommendations for both parties involved in the transaction.