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First mass distribution of state land, housing titles ‘coming soon’

Santo Domingo.- State Land Titling Commission (CPTTE) chairman  Gustavo Montalvo met with its members and other officials to review the progress of the work by the National Titling Plan, and affirmed that t it’s at an advanced stage.

“We hope to announce the first massive distribution of land and housing titles soon,” said the also Presidency Chief of Staff.

The official said that once the properties are titled, they can serve as loan guarantee or capital for investments.

Montalvo said a title provides the recipient with legal security regarding ownership rights and resolves conflicts of boundaries between properties, thus solving the problems which could surge between neighbors.

In the meeting participated the minister of Agriculture, Luis Ramón Rodríguez; Dominican Agrarian Institute director Radhamés Valenzuela; National Housing Institute director Alma Fernández; of National Assets, Emerson Soriano; among other officials.

Source: DT

Category: DR News |

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Last updated December 8, 2016 at 12:39 AM
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