Getting a Property Title in Chile (D.L. 2695)

What is Decree Law 2695?

It is a procedure before the Chilean Ministry of National Assets (Bienes Nacionales) that lets someone who has possessed a property obtain a registered title deed in their name when no inscribed title exists. It turns long-standing possession into legally recognized ownership, registered at the Real Estate Registry.

Requirements

• Material possession for at least 5 years — peaceful, continuous and exclusive.
• Proof through concrete acts: fences, improvements, plantations, utilities or paid property taxes.
• No pending lawsuits over ownership of the property.
• Fiscal valuation within the limits: 380 UTM (urban) or 800 UTM (rural).

Before you buy: title due diligence

For foreign buyers, a title study is essential before paying. We verify that the seller is the registered owner, that the lot is a properly subdivided and registered parcel (not a mere share of a "community of fact"), the boundaries, mortgages and liens, and the status of any buildings. You receive a clear written report with the risks before signing.

Inherited land

Often the land came from a deceased relative and probate was never done. In those cases we combine the inheritance procedure (posesión efectiva) with the D.L. 2695 title process, so ownership ends up clean and registered in the heirs' names.