Cadastre is the technical term used to designate a series of records showing the extent, value and ownership of the land. In strict terms, a cadastre in a register of land and property estates and landowners, which was compiled for tax purposes. However, in many countries there is no land tax and in practice the land registry has two other important purposes: to facilitate the accurate description and identification of certain laws and services as a permanent record of land rights.
In Costa Rica, each registered and titled property has a cadastral map, also known as a survey plan or simply plans, which are detailed property limits, total size, property, Folio Real number and date in which it was recorded among other things, these were found on file in the National Registry, as well as in the municipality where the property is located.
Thanks to the cadastral reference it is known exactly what real property is treated in legal business (purchase-sales, inheritance, donations, etc.), is not confused with goods with others. It provides greater legal certainty to the people who contract with real estate, providing an effective tool to combat fraud in the real estate sector.
In addition, when the interested parties provide the cadastral reference of the property, they are released from the obligation to make the corresponding declaration before the Cadastre as a consequence of the acquisition or consolidation of ownership of said property, provided that it has been formalized in a public deed or requests its registration in the Property Registry within the period of the months from the date of transmission.
Likewise, the registration of the cadastral reference in the Property Registry facilitates the physical identification of the property in third parties, thus improving the agility and security of real estate imports.