The Land Fund (FONTIERRAS, Decree 24-99, a decentralized institution born of the Peace Accords) administers access to land through credit or subsidy and the regularization of land handed over by the state under Decrees 1551 (Agrarian Transformation), 60-70 and 38-71. Risk for the buyer: estates granted by the state often carry resolutory conditions, time-limited bans on transfer, or incomplete grant files awaiting regularization. It is worth checking in the registry certificate whether the property came from a state grant and whether the restriction has lapsed or been canceled.
What is the risk of buying land the State adjudicated through FONTIERRAS or under Decrees 1551, 60-70 and 38-71?
Sources
Ley del Fondo de Tierras Decreto 24-99
FONTIERRAS Portal
FONTIERRAS Ley del Fondo de Tierras y su reforma
