$33 million for Land Titling in Honduras

A statement from World Bank (WB) reads:

This service is part of an improved integrated and decentralized land administration system .

The Honduran Land Administration Program, in its second phase, aims to continue the strengthening of property rights in the Central American country by modernizing the legal framework, strengthening the institutional system, and developing a land administration system .

"The approval of this project by the Board of Directors of the World Bank is the result of a joint effort that has demonstrated the World Bank’s support for the government of Honduras," said the Honduran Minister of Finance, William Chong Wong. "Through this project it is expected that an estimated 50,000 titles will be legalized and that will serve as guarantee for a similar number of families."

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$22 Million for Land Registry System

June 2009

BID will finance a loan of $22 million for the implementation of a physical land registry system to cover protected areas in Guatemala.

Guatemala will strengthen its national network of protected areas by improving its land registry system through a loan of $22 million USD from the Inter-American Bank of Development (BID).

Hencorp to pioneer securitization in El Salvador

July 2008

Hencorp Valores, set up in Miami with Salvadoran capital, is to become the first company in El Salvador to offer securitization of mortgage and debt portfolios.

Hencorp is the first company to be approved by the market regulator to handle business under a Securitization Law that came into force last November.

Securitizations Grow in Costa Rica

April 2009

The demand increases while $200 million in emissions are expected over the next 12 months.

The prices of these instruments have risen in recent weeks, increasing their demand due to the low interest rates for investing in dollars.

Moreover, there are several of these instruments planned for this year, among them one for the customs office in Peñas Blancas and others for the University of Costa Rica, the Costa Rican Institute of Pacific Ports and the Garabito Thermal Project.

Digital Property Maps

February 2012

The Costa Rican National Registry has started using a modern cadastral map for certifying property deeds which will provide greater security for people buying land.

Deeds will include two aerial views of the property or land, reports The Costa Rica News website.

The new maps include names, plot numbers, and district or cantons divisions, among other features.