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	<title>International Property Buying Process &#187; Kiribati</title>
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	<description>Real Estate Registration Process in Over 200 Countries</description>
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		<title>Process of Registering and Buying Property in Kiribati</title>
		<link>http://www.buying-process.com/buying-property-in-kiribati/process-of-registering-and-buying-property-in-kiribati/</link>
		<comments>http://www.buying-process.com/buying-property-in-kiribati/process-of-registering-and-buying-property-in-kiribati/#comments</comments>
		<pubDate>Sat, 15 Nov 2008 11:07:20 +0000</pubDate>
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				<category><![CDATA[Kiribati]]></category>
		<category><![CDATA[buyers' guide Kiribati]]></category>
		<category><![CDATA[buying real estate in Kiribati]]></category>
		<category><![CDATA[Kiribati property law]]></category>
		<category><![CDATA[Kiribati real estate law]]></category>
		<category><![CDATA[registering property in Kiribati]]></category>

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		<description><![CDATA[Step 1: Acquire proof of previous ownership and claims at the Land Court
Completion Time Frame: 1 day
Completion Costs: no cost
Points to Note:

Step 2: Property is mapped and any changes made on the property are considered for tax calculation
Completion Time Frame: 38 days
Completion Costs: US$ 30
Points to Note:
Normally when land is transferred, that land is given [...]]]></description>
			<content:encoded><![CDATA[<h3>Step 1: Acquire proof of previous ownership and claims at the Land Court</h3>
<p><strong>Completion Time Frame:</strong> 1 day<br />
<strong>Completion Costs:</strong> no cost<br />
<strong>Points to Note:</strong></p>
<hr />
<h3>Step 2: Property is mapped and any changes made on the property are considered for tax calculation</h3>
<p><strong>Completion Time Frame:</strong> 38 days<br />
<strong>Completion Costs:</strong> US$ 30<br />
<strong>Points to Note:</strong><br />
Normally when land is transferred, that land is given back to the state and then the state leases it back to the new owner. It is merely a formality but the Step still has to be done.</p>
<hr />
<h3>Step 3: Both parties appear at the Land Court Magistrate where a ruling is made on the transfer</h3>
<p><strong>Completion Time Frame:</strong> 18 days + 90 days for appeals<br />
<strong>Completion Costs:</strong> US$ 3<br />
<strong>Points to Note:</strong><br />
There is a waiting period between each phase of the process: the application is filed, the decision is made, appeals are allowed, then final review of the case, and finally the name of the new owner is inscribed.</p>
<hr />
<h3>Step 4: Review of the case for transfer</h3>
<p><strong>Completion Time Frame:</strong> 365 days<br />
<strong>Completion Costs:</strong> no cost<br />
<strong>Points to Note:</strong><br />
Recently, disputes of property transfers have increased dramatically. About 50% of property transactions are contested: there is a window of 3 months for appeals and 1 year for review (when the plaintiff was not one of the parties). 99% of the contested cases are successful and transitions are invalidated. The majority of disputes arise where other owners of the land (usually family of the person who sold it or leased it) show up and have the agreement annulled. This creates a great deal of uncertainty of titles. Another issue is boundary disputes: in the past property was measured approximatel&#8211; for example by counting the number of coconut trees on the land.</p>
<hr />
<h3>Step 5: Land Court issues a certificate of ownership at the end of waiting period</h3>
<h3></h3>
<h3></h3>
<h3></h3>
<p><strong>Completion Time Frame:</strong> 1 day<br />
<strong>Completion Costs:</strong> US$ 1<br />
<strong>Points to Note:</strong></p>
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